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. Author manuscript; available in PMC: 2020 Oct 30.
Published in final edited form as: Eur Econ Rev. 2018 Mar 11;104:138–166. doi: 10.1016/j.euroecorev.2018.02.005

Table 2—

Correlation between Innate Health and Observable Characteristics

A. Demographic characteristics B. Chronic conditions
Innate permanent health (ηi)
Probabil. healthy type (ηg(i)) Innate permanent health (ηi)
Probabil. healthy type (ηg(i))
Fixed effects System-GMM Fixed effects System-GMM
Height (inches) 0.009 0.004 0.013 Stroke −0.135 −0.082 −0.184
(0.001) (0.001) (0.002) (0.027) (0.026) (0.042)
Weight (pounds) −0.001 −0.000 −0.001 Hypertension −0.034 −0.006 −0.053
(0.000) (0.000) (0.000) (0.006) (0.005) (0.009)
Female 0.008 0.006 0.007 Diabetes −0.101 −0.041 −0.143
(0.008) (0.009) (0.014) (0.011) (0.011) (0.019)
College 0.053 −0.028 0.080 Cancer 0.002 −0.002 −0.018
(0.005) (0.005) (0.009) (0.011) (0.009) (0.020)
Black −0.063 −0.046 −0.056 Lung disease −0.123 −0.094 −0.173
(0.011) (0.010) (0.017) (0.013) (0.015) (0.021)
Income 0.003 0.001 0.004 Heart attack −0.057 −0.048 −0.084
(0.001) (0.000) (0.001) (0.016) (0.017) (0.029)
Constant −0.508 −0.182 0.171 Arthritis −0.074 −0.039 −0.115
(0.073) (0.081) (0.129) (0.008) (0.007) (0.013)
Asthma −0.049 −0.032 −0.059
(0.010) (0.009) (0.014)
Memory loss −0.206 −0.131 −0.320
(0.031) (0.027) (0.041)
Learning disord. −0.116 −0.095 −0.183
(0.017) (0.022) (0.030)
Constant 0.042 0.031 0.937
(0.002) (0.002) (0.004)

Note: The table presents the coefficients of a regression of innate health on the listed characteristics. Innate permanent health (ηi) refers to the estimated fixed effect from Equations (1) and (3) as indicated. Probability healthy type (ηg(i)) refers to a dependent variable that is a dummy variable that takes the value of one if the individual is of the healthy type as defined in the estimation of Equation (2). The standard deviation of η^i is 0.244 for fixed effects, and 0.209 for System-GMM. Regressions are fitted to the PSID. Standard errors, clustered at the household level, are reported in parentheses.