Table 5.
Static Specification (1) |
Static Specification (2) |
Dynamic Specification (3) |
|
---|---|---|---|
One transition | 1.013 (0.061) |
1.020 (0.062) |
1.045 (0.069) |
More than one transition | 1.239*** (0.084) |
1.264*** (0.087) |
1.366*** (0.10) |
Age | 0.995*** (0.0015) |
0.994*** (0.0015) |
0.994*** (0.0016) |
Male | 0.672*** (0.036) |
0.657*** (0.036) |
0.717*** (0.041) |
Married | 1.042 (0.054) |
1.039 (0.054) |
1.069 (0.060) |
Graduated high school | 1.110** (0.053) |
1.111** (0.054) |
1.085 (0.057) |
White | 1.166*** (0.059) |
1.174*** (0.060) |
1.215*** (0.067) |
Family size | 0.978 (0.013) |
0.985 (0.014) |
0.977 (0.015) |
Employed | 0.501*** (0.031) |
0.482*** (0.042) |
0.469*** (0.046) |
Healthy (self-reported) | 0.483*** (0.022) |
0.613*** (0.038) |
0.576*** (0.039) |
Income | 0.991 (0.024) |
0.989 (0.025) |
0.979 (0.027) |
Number of chronic conditions | 1.315*** (0.041) |
1.285*** (0.041) |
1.285*** (0.044) |
Average employment status over the observation time frame | 1.140 (0.13) |
1.147 (0.15) |
|
Average self-reported health status over the observation time frame | 0.587*** (0.054) |
0.650*** (0.065) |
|
Inpatient hospitalization in prior period | 0.960 (0.037) |
||
Inpatient hospitalization at initial period | 1.574*** (0.11) |
||
Observations | 37482 | 37482 | 31235 |
Number of individuals | 6247 | 6247 | 6247 |
Note that dummy variables for each round were included in the models but are not reported for purposes of brevity.