Adaptation or recovery after health shocks? Evidence using subjective and objective health measures

Baji, Petra; Bíró, Anikó

doi:10.1002/hec.3644

Cited by 16 publications

(8 citation statements)

References 48 publications

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“…Lindeboom and van Doorslaer, 2004;Johnston et al, 2009). We also find an indication of a U-shaped relationship between age and self-assessed health (for similar findings see Johnston et al, 2009;Baji and Bíró, 2018). Employed individuals and those with higher income report better health as do those with secondary and higher education (relative to individuals with no education).…”

Section: Baseline Resultssupporting

confidence: 77%

Can bribery buy health? Evidence from post-communist countries

Mavisakalyan

Otrachshenko

Popova

2021

Journal of Comparative Economics

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This report was written by researchers affiliated with the Bankwest Curtin Economics Centre ('the Centre'). While every effort has been made to ensure the accuracy of this document, the uncertain nature of economic data, forecasting and analysis means that the Centre, Curtin University and/ or Bankwest are unable to make any warranties in relation to the information contained herein. Any person who relies on the information contained in this document does so at their own risk. The Centre, Curtin University, Bankwest, and/or their employees and agents disclaim liability for any loss or damage, which may arise as a consequence of any person relying on the information contained in this document. Except where liability under any statute cannot be excluded, the Centre, Curtin University, Bankwest and/or their advisors, employees and officers do not accept any liability (whether under contract, tort or otherwise) for any resulting loss or damage suffered by the reader or by any other person.The views in this publication are those of the authors and do not represent the views of Curtin University and/or Bankwest or any of their affiliates. This publication is provided as general information only and does not consider anyone's specific objectives, situation or needs. Neither the authors nor the Centre accept any duty of care or liability to anyone regarding this publication or any loss suffered in connection with the use of this publication or any of its content.

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Section: Baseline Resultssupporting

confidence: 77%

Can bribery buy health? Evidence from post-communist countries

Mavisakalyan

Otrachshenko

Popova

2021

Journal of Comparative Economics

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“…1). Adaptation to deteriorating health with age might be one explanation of this difference [40]. We found strong correlations between the EQ-5D-3L and EQ-5D-5L-based SHE results indicating that good estimates can be calculated from one to another in case of lack of available data.…”

Section: 219mentioning

confidence: 69%

Subjective expectations regarding ageing: a cross-sectional online population survey in Hungary

et al. 2019

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Background We aimed to investigate individuals' subjective expectations regarding health and happiness alongside their provisions on life circumstances for older ages. Methods A cross-sectional online survey was performed involving a representative sample (N = 1000; mean age 50.9, SD = 15.4; female 54.5%) in Hungary. Subjective expectations on health status (EQ-5D-3L/-5L, GALI, WHO-5), happiness (0-10 VAS), employment status, care time, and forms of care for ages 60, 70, 80, and 90 were surveyed. Results Current mean EQ-5D-5L was 0.869 (SD = 0.164) and happiness was 6.7 (SD = 2.4). Subjective life expectancy was 80.9 (SD = 11.1), and median expected retirement age was 65. Mean expected EQ-5D-5L for ages 60/70/80/90 was 0.761/0.684/0.554/0.402, and no activity limitations (GALI) were expected by 64%/40%/18%/14%, respectively. Expected happiness score was 6.8/6.7/6.2/5.7, and a decrease in mental well-being (WHO-5) was provisioned. A substantial increase in drug expenses and care time was anticipated, but only 52% thought to have extra income besides pension. The great majority expected to be helped by the family (77%/72%/53%/40%) if needed. Educational level, GALI, and longevity expectations were significant predictors of EQ-5D-5L expectations using a standard 5% significance level of decision. Current happiness was major determinant of expected future happiness. Conclusions Individuals expect a significant deterioration of health with age but only a moderate decrease in happiness. Overestimation of future activity limitations suggests a gap between statistical and subjective healthy life expectancy. The majority expects to rely on informal care in the elderly. Raise in retirement age is underestimated. Our results can be used as inputs for economic modelling of labor force participation and ageing.

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“…Therefore, a possible reason for adaptation may be misperceptions of people regarding their actual health status after the diagnosis of a disease. This is supported by the study by Baji and Bíró [62], who compared the effects of health shocks on subjective and objective survival probabilities. They found that some people are overly optimistic about their actual health condition and are not always fully aware of the negative long-term consequences of health shocks.…”

Section: Potential Mechanismsmentioning

confidence: 70%

Harsh Times: Do Stressors Lead to Labor Market Losses?

Maczulskij

Böckerman

2017

SSRN Journal

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This paper examines the links between stressful life events and labor market outcomes. We use twin data for Finnish men and women combined with register-based individual information on earnings, employment and social income transfers. The twin data allow us to account for shared environmental and genetic confounders. We measure the exposure to stressful life events in 1990. The labor market outcomes are measured during a 20-year follow-up over the period 1990-2009. Four findings stand out. First, stressors lead to worse labor market outcomes. Second, both men and women are distressed by labor market shocks, but they respond differently to marital problems and health shocks within the family. For example, women respond to marital problems by working more, whereas men respond similarly after facing a random health shock within the family. Third, the relationship between health shocks and labor market outcomes diminishes as time passes, whereas the consequences of labor market shocks are more permanent. Fourth, the links between stressors and labor market outcomes are not primarily driven by health behaviors, such as smoking and alcohol use, or worse mental stability.

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Adaptation or recovery after health shocks? Evidence using subjective and objective health measures

Cited by 16 publications

References 48 publications

Can bribery buy health? Evidence from post-communist countries

Can bribery buy health? Evidence from post-communist countries

Subjective expectations regarding ageing: a cross-sectional online population survey in Hungary

Harsh Times: Do Stressors Lead to Labor Market Losses?

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