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In this review we synthesize what is known about the relationship between education and health. A large number of … studies from both rich and poor countries show that education is associated with better health. While previous work has … with better health differ depending on the level of development. We illustrate this approach by comparing the effects of …
Persistent link: https://www.econbiz.de/10012460920
years. This difference persists despite the remarkable progress in health improvement in the last half century, at least … technical progress (some of which is induced by income and facilitated by education) as the ultimate determinant of health. Such … downplay direct causal mechanisms running from income to health …
Persistent link: https://www.econbiz.de/10012466708
This paper analyzes competing interpretations for the large increases in the hoarding of international reserves by developing countries. While the first phase of the rapid hoarding of reserves in the aftermath of the East Asian crisis has been dominated by self insurance against exposure to...
Persistent link: https://www.econbiz.de/10012465374
Why do people save? A strand of the literature has emphasized the role of 'precautionary' motives; i.e., private agents save in order to mitigate unexpected future income shocks. An implication is that in countries faced with more macroeconomic volatility and risk, private saving should be...
Persistent link: https://www.econbiz.de/10012457649