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prosperity and good health, it is however often regarded as a source of problems for policy-makers. The goal of this paper is to … raised for the design of the social security system, pension policies, preventive health policies, the provision of long term …
Persistent link: https://www.econbiz.de/10010739055
and growth are endogenous. The authorities may provide two types of public services, public health and environmental … poverty trap. We examine changes in public policies: increasing public intervention on health or environmental maintenance …
Persistent link: https://www.econbiz.de/10010933813
exhibit a too high fertility rate. Furthemore, when health is introduced as another source of externalities, the model shows … that health expenditures have not always to be subsidized. Indeed, the taxation of births plays the role of an indirect … subsidy on health expenditures because it decreases the cost of health relatively to the cost of the quantity of children …
Persistent link: https://www.econbiz.de/10010750938
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental quality, depending on how much they expect to live, but also in order to leave good environmental conditions to future generations. In turn,...
Persistent link: https://www.econbiz.de/10010738466
In an overlapping generations economy setup we show that, if individuals can improve their life expectancy by exerting some effort, costly in terms of either resources or utility, the competitive equilibrium steady state differs from the first best steady state. This is due to the fact that...
Persistent link: https://www.econbiz.de/10010738658
Following Ben-Porath (1967), the influence of life expectancy on education has attracted much attention. Whereas existing growth models rely on an education decision made either by the child or by his parent, we revisit the Ben-Porath effect when the education is the outcome of a bargaining...
Persistent link: https://www.econbiz.de/10010738985
Common sense supports prevention policies aimed at improving survival prospects among the population. It is also widely acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short-lived individuals. This paper re-examines the...
Persistent link: https://www.econbiz.de/10010929082
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10010930209
This study estimates the human cost of failures in the CCS industry in 2050, using the actuarial approach. The range of expected fatalities is assessed integrating all steps of the CCS chain: additional coal production, coal transportation, carbon capture, transport, injection and storage, based...
Persistent link: https://www.econbiz.de/10009402095
Introduced by Samuelson (1975), the Serendipity Theorem states that the competitive economy will converge towards the optimum steady-state provided the optimum population growth rate is imposed. This paper aims at exploring whether the Serendipity Theorem still holds in an economy with risky...
Persistent link: https://www.econbiz.de/10010784116