This paper introduces a new approach to measuring the association between health and socioeconomic status. Measuring inequalities in health is difficult when health is measured qualitatively, specifically on an ordinal scale. This paper demonstrates a rank-based dependence measure - the copula -...

This paper considers the simultaneous explanation of mortality risk, health and lifestyles, using a reduced-form system of equations in which the multivariate distribution is defined by the copula. A copula approximation of the joint distribution allows one to avoid usually implicit...

A copula is best described, as in Joe (1997), as a multivariate distribution function that is used to bind each marginal distribution function to form the joint. The copula parameterises the dependence between the margins, while the parameters of each marginal distribution function can be...

This paper introduces a new approach to measuring the association between health and socioeconomic status. Measuring inequalities in health is difficult when health is measured qualitatively, specifically on an ordinal scale. This paper demonstrates a rank-based dependence measure - the copula -...

Objectives: Covariate explanation of clinical trial cost and outcome is critical to allow reliable estimates of cost-effectiveness. The ordinary simultaneous equations approach however must specify a bivariate distribution for both cost and health outcome that is not typically a product of the...

We study a market model where there are n different types of indivisible goods for sale. The goods can be substitutable or complementary. There are multiple units of each good. Each agent may consume several goods and has quasi-linear utilities in money. We introduce a general condition which...

This paper measures the degree of inequality of opportunity in birthweight and birthlength for a sample of Irish infants. The sample is partitioned into eight types by mothers’ education and mothers’ smoking status. Stochastic dominance tests reveal the presence of...

Despite the growing prominence of theoretical analysis of inequality of opportunity over the past twenty years, empirical work towards the normative evaluation of real-world policies has been minimal. This paper seeks to address this issue. It proposes a normative framework to model the...

This paper employs a conditional quantile regression approach to examine the roles of family SES, early childhood life-events, unobserved heterogeneity and pure state dependence in explaining the distribution of depression among adolescents and young adults using data on the children of the US...