Deaton, Angus; Paxson, Christina H. - 2021
People whose family income was less than $5,000 in 1980 could expect to live about 25 percent fewer years than people … whose family income was greater than $50,000. We explore this finding using both individual data and a panel of aggregate … birth cohorts observed from 1975 to 1995. We assume that health status is determined by social status, defined as income …
