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GOOD HEALTH IS A CRUCIAL PART OF WELL-BEING BUT SPENDING ON HEALTH CAN BE JUSTIFIED ON ECONOMIC GROUNDS. THE GOAL OF … REDUCING POVERTY PROVIDES A DIFFERENT BUT EQUALLY POWERFUL CASE FOR HEALTH INVESTMENTS. HOWEVER, IF POLICYMAKERS ARE TO … ACCELERATE THE SUBSTANTIAL HEALTH GAINS OF RECENT DECADES, ESPECIALLY FOR THE POOR IN AFRICAN COUNTRIES SUCH AS NIGERIA, THE …
Persistent link: https://www.econbiz.de/10005408428
Good health is a crucial part of well-being but spending on health can be justified on economic grounds. The goal of … reducing poverty provides a different but equally powerful case for health investments. However, if policymakers are to … accelerate the substantial health gains of recent decades, especially for the poor in African countries such as Nigeria, the …
Persistent link: https://www.econbiz.de/10005556956
To judge a health care system, it is necessary to analyse its results in terms of health and to bring them back to its … economic effectiveness. Health outcomes can be evaluated in several ways but none of them is really representative. To locate … the performance in terms of health for the French system, we thus compared France with four European countries (Germany …
Persistent link: https://www.econbiz.de/10005076923
empirical and theorical works. Today, Health Economics is faced with new requirements of society, i.e. better care at a … sustainable cost. Furthermore, since the problems linked with health care system and with the health status are more and more … connected with the economic sphere, a global approach of Health Economics proves necessary. Prior to the development of such an …
Persistent link: https://www.econbiz.de/10005076927
The study highlights the large and rising cost of the disease: an estimated $132 billion, or approximately $92 billion in direct healthcare expenditures and $40 billion in lost productivity attributed to missed workdays, disability, and early mortality. After adjusting for differences in...
Persistent link: https://www.econbiz.de/10005076931
Painkilling drugs produce a good called relief which reduces the fixed level of bad (pain) the individual is endowed with. These drugs have the side-effect of reducing the utility the individual gets from consuming goods. This means that the shadow price of relief counts not only the cost of...
Persistent link: https://www.econbiz.de/10005135054
The quadratic form of policy makers' loss function has gained a wide consensus in monetary policy analysis mainly because of its analytical tractability. A number of researchers, however, have recently proposed alternative functional forms which have also proved to yield tractable solutions of...
Persistent link: https://www.econbiz.de/10005076679
This paper suggests that skill accumulation through past work experience, or ``learning-by-doing'' (LBD), can provide an important propagation mechanism in a dynamic stochastic general equilibrium model, as the current labor supply affects future productivity. Our econometric analysis uses a...
Persistent link: https://www.econbiz.de/10005076683
This paper analyses the effect of school quality on early career earnings. Using confidential district level information from the German Socio-Economic Panel (GSOEP), it is demonstrated that class size has no discernible effect on early career earnings. This finding is robust to changes in...
Persistent link: https://www.econbiz.de/10005076932
Credit risk models like Moody’s KMV are now well established in the market and give bond managers reliable estimates of default probabilities for individual firms. Until now it has been hard to relate those probabilities to the actual credit spreads observed on the market for corporate bonds....
Persistent link: https://www.econbiz.de/10005077017