Abstract: We present estimates of intergenerational mobility in self-reported health status (SRHS) in the US using data from the PSID. We estimate that the rank-rank slope in SRHS is 0.26. We show that including both parent health and income in models of intergenerational mobility increases the explanatory power of child outcomes. We construct a monetary metric for health and then use this to combine income and health into a measure of welfare and estimate the rank-rank slope to be about 0.4 for this new measure. Finally, we document striking health mobility gaps by race, region and parent education.
Halliday, Timothy, Bhashkar Mazumder, and Ashley Wong. “Intergenerational mobility in self-reported health status in the US.” Journal of Public Economics 193 (2021): 104307.