Morciano, Marcello; Hancock, Ruth; Pudney, Stephen E. - 2012
We estimate the implicit disability costs faced by older people, using data on over 8,000 individuals from the UK … for measurement error in observed disability and standard of living indicators. We find that disability costs are strongly … related to the severity of disability and to income and - at an average level of almost £100 per week among over-65s with …