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The impact of new drug launches on longevity : evidence from longitudinal disease-level data from 52 countries, 1982-2001

Lichtenberg, Frank R. - 2003

We perform an econometric analysis of the effect of new drug launches on longevity, using data from the IMS Health Drug Launches database and the WHO Mortality Database. Our data cover virtually all of the diseases borne by people in 52 countries during the period 1982-2001, and enable us to...

Persistent link: https://www.econbiz.de/10012468944

The Rate of Return to Corporate Capital and Factor Shares : New EstimatesUsing Revised National Income Accounts and Capital Stock Data

Poterba, James M. - 1999

This paper presents new evidence on the rate of return on tangible assets in the United" States, incorporating the recently-revised national accounts as well as new estimates of the" replacement cost of the reproducible physical capital stock. The pretax return on capital in the" nonfinancial...

Persistent link: https://www.econbiz.de/10012471737

Implications of Rising Personal Retirement Saving

Poterba, James M. - 1999

Retirement saving accounts, particularly employer-provided 401(k) plans rapidly in the last decade. More than forty percent of workers are currently eligible for these" plans, and over seventy percent of eligibles participate in these plans. The substantial and" ongoing accumulation of assets in...

Persistent link: https://www.econbiz.de/10012471815

Trends in Retirement and Retirement Income Choices by TIAA Participants : 2000-2018

Brown, Jeffrey R.; Poterba, James M.; Richardson, David P. - National Bureau of Economic Research - 2022

This paper documents trends over the last two decades in retirement behavior and retirement income choices by participants in TIAA, a large and mature defined contribution plan with a wide range of withdrawal options. Between 2000 and 2018, the average retirement age rose by approximately 1.3...

Persistent link: https://www.econbiz.de/10013191041

Unemployment Insurance and Reservation Wages

Feldstein, Martin - 1982

The present paper examines the reservation wages reported by a largesample of unemployed individuals in the United States in May 1976. The majorityof unemployedindividuals report reservation wages that are at least as highas the wage they were paid on their last job. Approximately one-fourth of...

Persistent link: https://www.econbiz.de/10012478157

Training, Tenure, and Productivity

Lichtenberg, Frank R. - 1981

for estimation of the marginal productivity of workers classified by length of service to the firm, i.e., of the tenure …

Persistent link: https://www.econbiz.de/10012478450

The Effect of Education on Medical Technology Adoption : Are the More Educated More Likely to Use New Drugs

Lleras-Muney, Adriana - 2002

There is a large body of work that documents a strong, positive correlation between education and measures of health, but little is known about the mechanisms by which education might affect health. One possibility is that more educated individuals are more likely to adopt new medical...

Persistent link: https://www.econbiz.de/10012469525

The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output

Lichtenberg, Frank R. - 2002

We hypothesize that pharmaceutical-embodied technical progress increases per capita output via its effect on labor supply (the employment rate and hours worked per employed person). We examine the effect of changes in both the average quantity and average vintage (FDA approval year) of drugs...

Persistent link: https://www.econbiz.de/10012469570

Sources of U.S. Longevity Increase, 1960-1997

Lichtenberg, Frank R. - 2002

models using annual U.S. time-series data on life expectancy, health expenditure, and medical innovation. Reliable annual … data are available for only one type of innovation - new drugs - but pharmaceutical R&D accounts for a significant fraction … innovation (in the form of new drug approvals) and expenditure on medical care (especially public expenditure) contributed to …

Persistent link: https://www.econbiz.de/10012469960

Population Age Structure and Asset Returns : An Empirical Investigation

Poterba, James M. - 1998

This paper investigates the association between population age structure, particularly the share of the population in the saving years is motivated by the claim that the aging of the in the United States is a key factor in explaining the recent rise in asset values. It also addresses the...

Persistent link: https://www.econbiz.de/10012472040