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paper builds on a growing literature that seeks to better document how and why wealth and SES are related. Specifically, we …-differences identification strategy. We estimate a parameter for acute illnesses (which should have a causal effect on wave-to-wave wealth … should be less causally related to wealth differences year-to-year). Additionally, we interact these health indicators with …
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indirect health cost (value of health lost) of unhealthy consumption. The health cost increases with wealth and the degree of … differences, and ultimately health outcomes, between wealth groups …
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