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This paper presents a unified theory of human capital with both health capital and, what we term, skill capital endogenously determined within the model. By considering joint investment in health capital and in skill capital, the model highlights similarities and differences in these two...
Persistent link: https://www.econbiz.de/10011272580
This paper presents a unified theory of human capital with both health capital and, what we term, skill capital endogenously determined within the model. By considering joint investment in health capital and in skill capital, the model highlights similarities and differences in these two...
Persistent link: https://www.econbiz.de/10011242148
This discussion paper resulted in the publication 'Wealth and Health Behavior: Testing the Concept of a Health Cost' (2014). Volume 72, pages 197-220.<P> Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by developing a theory of health behavior, and...</p>
Persistent link: https://www.econbiz.de/10011256703
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10011257432
Persistent link: https://www.econbiz.de/10002368233
Persistent link: https://www.econbiz.de/10001768490
This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to pro duct innovation …
Persistent link: https://www.econbiz.de/10011256679