Contoyannis, Paul; Jones, Andrew M.; Rice, Nigel - In: Empirical Economics 29 (2004) 1, pp. 49-77
This paper considers the determinants of a binary indicator for the existence of functional limitations using seven waves (1991–1997) of the British Household Panel Survey (BHPS). The focal point of our analysis is the contributions of state dependence, heterogeneity and serial correlation in...