van der Klaauw, Bas; Lindeboom, Maarten; Llena Nozal, Ana - 2021
model that includes unscheduled hospitalizations as a measure for unanticipated health shocks and estimate the model on data … from the British National Child Development Study (NCDS). We show that such health shocks increase the likelihood of an … onset of a disability by around 138%. However, health shocks are relatively rare events and therefore the larger part of …