1 option
Health Information and Subjective Survival Probability: Evidence from Taiwan / Jin-Tan Liu, Meng-Wen Tsou, James Hammitt.
- Format:
- Book
- Author/Creator:
- Liu, Jin-Tan.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w12864.
- NBER working paper series no. w12864
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Health Information and Subjective Survival Probability
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2007.
- Summary:
- The effect of new health information on individuals' expectations about their longevity is examined using a Bayesian learning model. Using two-period panel-structured survey data from Taiwan, we find that subjective probabilities of living to age 75 and 85 are significantly smaller for respondents with more abnormal medical test outcomes and for those receiving more extensive advice on health behavior from their physicians. The subjective probability of survival declines with health shocks such as developing heart disease. Using pooled cross-sectional data, we find that males and married persons are more optimistic about their longevity expectations than females and single persons, and that income is strongly correlated with the subjective probability of living to age 75. Consistent with previous studies, the longevity of the same-sex parent is strongly associated with an individual's own expectation of living to age 75.
- Notes:
- Print version record
- January 2007.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.