Home > Events & News > Brown Bag Schedule . Archive

PSC In The News

RSS Feed icon

Shaefer says the details matter in child tax reform

Prescott says Michigan's restrictive sex offender law hurts social reentry

Yang's work suggests Hurricane Maria will prompt increased migration from Puerto Rico to US

More News

Highlights

ASA President Bonilla-Silva takes exception with Chief Justice Roberts' 'gobbledygook' jab

Nobel laureate Angus Deaton, David Lam, and colleagues discuss global poverty, 10/5, 4pm

James Jackson named inaugural recipient of U-M Diversity Scholar Career Award

HomeLab grand opening

More Highlights

Next Brown Bag

Mon, Oct 23, 2017, noon: Carol Shiue, "Social Mobility in China, 1300-1800"

story art

Norton et al. put dollar value on relief from chronic pain for Americans age 50+

a PSC In The News reference

"Economists have put a price on pain, and it’s $56-$145 a day" - Quartz. 08/09/2017.

Edward Norton and colleagues used HRS data to estimate the value to Americans age 50+ in gaining relief from chronic pain. HRS data include longitudinal measures of respondents' incomes, self-reports of chronic pain (mild, moderate or severe), and a measure of their life satisfaction on a scale of 1 to 5. The researchers estimated how much more income a person who started to experience chronic pain would need in order to report having the same life satisfaction they had before the pain started. Their results show the value of avoiding pain ranges from $56 to $145 per day, depending on income level and pain severity.

Related NBER paper

Researcher:

Edward Norton

View News Archive