This is the repository for the English version of the Future Elderly Model, originally developed at the Leonard D. Schaeffer Center for Health Policy and Microsimulation.
Would be a good addition to any variable that is influenced by socioeconomic status. Off the top of my head, both smoking models, drinking, BMI, work, other econ.
After including this var, can remove some of the other financial predictors as they are arguably just pieces of this variable. Things like non-housing financial wealth.
Part of #45 - improve T-tests.
Total family wealth - h*atotb
Would be a good addition to any variable that is influenced by socioeconomic status. Off the top of my head, both smoking models, drinking, BMI, work, other econ.
After including this var, can remove some of the other financial predictors as they are arguably just pieces of this variable. Things like non-housing financial wealth.
Add atotb: