Michaud, Pierre-Carl; van Soest, Arthur - In: Journal of Health Economics 27 (2008) 5, pp. 1312-1325
A positive relationship between socio-economic status (SES) and health, the "health-wealth gradient", is repeatedly found in many industrialized countries. This study analyzes competing explanations for this gradient: causal effects from health to wealth (health causation) and causal effects...