Azomahou, Theophile; Soete, Luc; Diene, Bity; Diene, Mbaye - United Nations University-Maastricht Economic Research … - 2012
We use a general equilibrium framework to study optimal health investment in a dynamic model where agents derive utility from consumption and health. The steady state and the dynamics of the model are studied under separable and non-separable preferences. A shock undermining health which...