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A Longitudinal Analysis of the impact of Health Shocks on the wealth: Evidence from England

Author

Listed:
  • Sana Tabassum

    (Indian Institute of Management Kozhikode)

  • Ashok Thomas

    (Indian Institute of Management Kozhikode)

Abstract
This paper investigates the impact of health shocks on wealth using four waves of data from English longitudinal Study of Ageing (ELSA). We investigate short, medium and long term impact of existing and new health conditions on the wealth of the elderly. The results reveal that onset of new health events lead to wealth depletion during the period in which they occur and the impact disappears over time. The impact of existing health conditions in maximum in short and medium term and declines in the long run.

Suggested Citation

  • Sana Tabassum & Ashok Thomas, 2020. "A Longitudinal Analysis of the impact of Health Shocks on the wealth: Evidence from England," Working papers 371, Indian Institute of Management Kozhikode.
    • Handle: RePEc:iik:wpaper:371
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    References listed on IDEAS

    as
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    Keywords

    Health shocks; Wealth analysis;

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