Contoyannis, Paul; Jones, Andrew M.; Rice, Nigel - In: Journal of Applied Econometrics 19 (2004) 4, pp. 473-503
This paper considers the dynamics of a categorical indicator of self-assessed health using eight waves (1991-1998) of the British Household Panel Survey (BHPS). Our analysis has three focal points: the relative contributions of state dependence and heterogeneity in explaining the dynamics of...