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”Healthy, Wealthy, and Wise?” Revisited

”Healthy, Wealthy, and Wise?” Revisited

An Analysis of the Causal Pathways from Socioeconomic Status to Health

(p.267) 8”Healthy, Wealthy, and Wise?” Revisited
Investigations in the Economics of Aging
Till StowasserFlorianx HeissDaniel McFaddenJoachim Winter
University of Chicago Press

This chapter reviews the potential explanations for the association between socioeconomic status and health; specifies the econometric challenges that arise when trying to discriminate among them; and discusses how to address these challenges. It then describes the approach proposed by the health, wealth, and wisdom (HWW) study and presents a reanalysis of HWW with new data. A commentary is included at the end of the chapter.

Keywords:   socioeconomic status, health, wealth, wisdom

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