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How Fast Do Old Men Slow Down?

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  • Fair, Ray C

Abstract

An important question in the study of aging concerns the rate at which people physically deteriorate with age. How much, for example, can be physically expected of, say, a healthy, non-injured 75-year-old man or woman relative to what he or she could do at age 45? This paper applies econometric techniques to data on men's track and field and road racing records by age to estimate the rate at which men slow down with age. Eight track, eight field, and eleven road racing events are considered. The main econometric technique used is a combination of the polynomial-spline method and the frontier-function method. A number of the events have been pooled to provide more efficient estimates. Copyright 1994 by MIT Press.

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  • Fair, Ray C, 1994. "How Fast Do Old Men Slow Down?," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 103-118, February.
    • Handle: RePEc:tpr:restat:v:76:y:1994:i:1:p:103-18
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    1. Schmidt, Peter, 1976. "On the Statistical Estimation of Parametric Frontier Production Functions," The Review of Economics and Statistics, MIT Press, vol. 58(2), pages 238-239, May.
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    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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