Berloffa, Gabriella; Brugiavini, Agar; Rizzi, Dino - 2012
This paper uses data from the Health and Retirement Study (HRS) to study the relationship between health status and … economic welfare at household level. We develop a model to estimate the welfare cost of ill health by exploiting the … methodology of the equivalence scales. The crucial variables in this approach are, besides the health status (measured in several …