). These variables include one's state of health, social support and participation, exercise, job satisfaction and satisfaction …Two-way causation issues are the bete noire of life satisfaction research. As acknowledged in several landmark reviews …, many variables routinely reported as causes or determinants of life satisfaction could equally well be consequences, or …

"We estimate how the marginal utility of consumption varies with health. To do so, we develop a simple model in which … the impact of health on the marginal utility of consumption can be estimated from data on permanent income, health, and … utility proxies. We estimate the model using the Health and Retirement Study's panel data on the elderly and near-elderly, and …

physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British … Household Panel Survey data set. This question provides a natural cardinalization of health utility .Our method is a refinement … of the method introduced by Cutler and Richardson (1997). We extend their approach in two directions. First, the health …

We estimate how the marginal utility of consumption varies with health. To do so, we develop a simple model in which … the impact of health on the marginal utility of consumption can be estimated from data on permanent income, health, and … utility proxies. We estimate the model using the Health and Retirement Study's panel data on the elderly and near-elderly, and …