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The Economic Approach to Personality, Character and Virtue

Heckman, James J.; Galaty, Bridget; Tian, Haihan - National Bureau of Economic Research - 2023

This chapter presents an economic approach to character and personality traits with an application to the study of virtue. Economists interpret psychological traits, including character traits and virtue, as strategies that shape responses to situations (actions) determined by underlying...

Persistent link: https://www.econbiz.de/10014287358

Maximum Impact Intergenerational Associations

Eshaghnia, Sadegh; Heckman, James J.; Landersø, Rasmus - National Bureau of Economic Research - 2023

This paper presents a new approach to measuring the intergenerational transmission of well-being and a novel perspective on which measures and what age ranges to use to estimate intergenerational social mobility. We select the measures and the age ranges that best predict important human capital...

Persistent link: https://www.econbiz.de/10014248011

Intergenerational Transmission of Family Influence

Eshaghnia, Sadegh; Heckman, James J.; Landersø, Rasmus; … - National Bureau of Economic Research - 2022

This paper studies intergenerational mobility--the transmission of family influence. We develop and estimate measures of lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life-cycle trajectories, uncertainty, and credit constraints....

Persistent link: https://www.econbiz.de/10013388767

The Causal Effects of Youth Cigarette Addiction and Education

Hai, Rong; Heckman, James J. - National Bureau of Economic Research - 2022

We develop and estimate a life-cycle model in a rational addiction framework where youth choose to smoke, attend school, work part-time, and consume while facing borrowing constraints. The model features multiple channels for studying the reciprocal causal effects of addiction and education....

Persistent link: https://www.econbiz.de/10013334521

Parenting Promotes Social Mobility Within and Across Generations

García García-Menéndez, Jorge Luis; Heckman, James J. - National Bureau of Economic Research - 2022

This paper compares early childhood enrichment programs that promote social mobility for disadvantaged children within and across generations. Instead of conducting a standard meta-analysis, we present a harmonized primary data analysis of programs that shape current policy. Our analysis is a...

Persistent link: https://www.econbiz.de/10013435172

Intergenerational Transmission of Inequality : Maternal Endowments, Investments, and Birth Outcomes

Eshaghnia, Sadegh; Heckman, James J. - National Bureau of Economic Research - 2023

Newborn health is an important component in the chain of intergenerational transmission of disadvantage. This paper contributes to the literature on the determinants of health at birth in two ways. First, we analyze the role of maternal endowments and investments (education and smoking in...

Persistent link: https://www.econbiz.de/10014421186

Has medical innovation reduced cancer mortality?

Lichtenberg, Frank R. - 2010

I analyze the effects of four types of medical innovation and cancer incidence on U.S. cancer mortality rates during …Under the assumption that there were no pre-dated factors that drove both innovation and mortality and that there would … have been parallel trends in mortality in the absence of innovation, the estimates indicate that there were three major …

Persistent link: https://www.econbiz.de/10012462770

Pharmaceutical innovation and the longevity of Australians : a first look

Lichtenberg, Frank R. - 2008

We examine the impact of pharmaceutical innovation on the longevity of Australians during the period 1995-2003. Due to …

Persistent link: https://www.econbiz.de/10012464638

Have Newer Cardiovascular Drugs Reduced Hospitalization? Evidence From Longitudinal Country-Level Data on 20 OECD Countries, 1995-2003

Lichtenberg, Frank R. - 2008

Countries with larger increases in the share of cardiovascular drug doses that contained post-1990 or post-1995 ingredients had smaller increases in the cardiovascular disease hospital discharge rate, controlling for the quantity of cardiovascular medications consumed per person, the use of...

Persistent link: https://www.econbiz.de/10012464639

Importation and Innovation

Lichtenberg, Frank R. - 2006

the elasticity of innovation with respect to the expected price of drugs should be at least as great as the elasticity of … innovation with respect to expected market size (disease incidence). I examine the cross-sectional relationship between … pharmaceutical innovation and market size among a set of diseases (different types of cancer) exhibiting substantial exogenous …

Persistent link: https://www.econbiz.de/10012466126