Table 1.

Descriptive statistics of the dependent and independent variables, for the full sample and for subgroups

Outcome	Full sample	Most Healthy Most Wealthy	Most Healthy Least Wealthy	Least Healthy Most Wealthy	Least Healthy Least Wealthy
HRS
Log Household Wealth	12.71	13.46	11.88	12.88	10.84
Log Amount Inherited	10.59	10.91	10.22	10.62	9.93
Relative Amount Inherited (%)	11.97	7.77	18.90	10.42	40.25
Log Food Expenditures	4.64	4.86	4.62	4.70	4.37
Smoking (%)	15.84	10.61	17.60	13.79	21.61
Log Number of Cigarettes	2.18	2.16	2.19	2.18	2.17
Drinking (%)	49.60	66.97	51.38	48.26	31.57
Log Number of Drinks	1.04	1.17	1.01	0.97	0.88
Heavy Drinking (%)	14.14	10.18	13.84	12.29	17.56
Physical Activity	3.65	3.91	3.76	3.57	3.34
Number of observations	153,024	38,272	37,173	39,968	37,611
BHPS
Log Imputed Household Wealth	10.78	11.88	9.97	11.06	8.64
Log Household Income	10.13	10.45	9.88	10.23	9.63
Log Amount Won	3.70	3.73	3.73	3.60	3.66
Log Amount Won (Big Win)	7.33	7.39	7.30	7.26	7.26
Relative Amount Won (%)	0.08	0.03	0.20	0.06	0.69
Relative Amount Won (Big Win, %)	2.07	0.86	5.08	1.08	27.80
Log Food Expenditures	3.20	3.58	3.09	3.19	2.51
Smoking (%)	26.07	16.31	31.22	24.33	40.81
Log Number of Cigarettes	2.39	2.20	2.42	2.37	2.57
Drinking Out	3.21	3.43	3.24	3.09	2.76
Sports	3.78	4.14	3.84	3.58	3.01
Number of observations	165,488	60,912	55,945	23,710	24,281

Notes: Author’s calculations on basis of the 1992–2010 HRS and 1997–2008 BHPS. Note that Log Household Wealth and Log Household Income are calculated on basis of the sample of inheritance recipients (HRS) or lottery winners (BHPS). Relative amounts are calculated by the ratio of exp(log amount won)/exp(log household wealth).