Both health and income inequalities have been shown to be much greater in Britain than in Germany. One of the main … lower income groups. Inequality analysis reveals that while the distribution of health shocks is more concentrated among …, both health shocks and early retirement are more concentrated among those with low incomes. We use comparable longitudinal …

, health satisfaction. It is hypothesised that the influence of this heterogeneity varies over levels of health and increases … over the life-cycle. These hypotheses are tested with data on health satisfaction from 22 waves of the German Socioeconomic … fixed effects logit, that allows for individual-specific reporting bias, heterogeneity in health endowments, and …