Showing 1 - 10 of 92
We identify the ages that constitute critical periods in children’s development towards their adult health status. For this we use data on families migrating into Sweden from countries that are mostly poorer, with less healthy conditions. Long-run health is proxied by adult height. The...
Persistent link: https://www.econbiz.de/10004962213
This study comprehensively assesses the immediate effects of extreme weather conditions and high concentrations of ambient air pollution on population health. For Germany and the years 1999 to 2008, we link the universe of all 170 million hospital admissions, along with all 8 million deaths,...
Persistent link: https://www.econbiz.de/10011159912
This paper investigates the relationships between social circumstances, individual behaviours, and ill-health later in life, with a particular focus on the development of cancer. A discrete latent factor model incorporating individuals' smoking and health outcomes (lifespan and time-to-cancer)...
Persistent link: https://www.econbiz.de/10010672197
This paper identifies and estimates the impact of early retirement on the probability to die within five years … civil servants became eligible for retirement earlier than expected during a short time window. This exogenous policy change … is used to instrument the retirement choice in a model that explains the probability to die within five years. Exploiting …
Persistent link: https://www.econbiz.de/10010692344
Employment volatility is larger for young and old workers than for prime aged. At the same time, in economies with high tax rates, the share of total hours supplied by the young/old workers is smaller. These two observations imply a negative correlation between government size (measured by the...
Persistent link: https://www.econbiz.de/10010940887
The interaction between housing wealth, the financial portfolio of the consumer and consumption is a live issue. Life cycle models with closed form solutions under uncertainty are hard to find. In this paper we find analytical solutions for the effects of house price uncertainty and employment...
Persistent link: https://www.econbiz.de/10009350667
In this paper, we investigate the global dynamics of an endogenous growth model with linear technology and addictive habits. We find feasible parameters’ conditions under which: a) the resulting equilibrium consumption path is steeper than in a standard AK model; b) endogenous...
Persistent link: https://www.econbiz.de/10011133565
We examine the effects of both consumption and production externalities on capital accumulation and economic performance under time non-separable preferences and a non-scale production technology. We show that a consumption externality in isolation has long-run distortionary effects if and only...
Persistent link: https://www.econbiz.de/10005523951
We consider the interaction between the risk of unemployment, random house prices, consumption and savings. A critical decision is that of refinancing house purchase, up to 100% mortgages are possible. There is also a fixed transaction cost of refinancing. In a CARA framework we derive the value...
Persistent link: https://www.econbiz.de/10005328582
I report a closed form for the Laplace transform of the Ahn Gao (RFS, 1999) discount function and show how this can be used for pricing non-zero coupon bond prices, including hybrid fixed/variable rate instruments. In contrast, numerical techniques have to be used to analyse these prices for the...
Persistent link: https://www.econbiz.de/10005695827