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There is little theoretical and empirical research on the effects of education on health over the life cycle. In this … article, we extend the Grossman (1972) model of the demand for health and use the extended model to analyze the effect of … education on health at different ages. The main conclusion from our model is that it is unlikely that the relationship between …
Persistent link: https://www.econbiz.de/10012479359
This paper forecasts the life-cycle treatment effects on health of a high-quality early childhood program. Our …
Persistent link: https://www.econbiz.de/10012482060
We systematically review the literature linking health to economic activity, particularly education and labor market … outcomes, over the lifecycle. In the first part, we review studies that link childhood health to later-life outcomes. The main … themes we focus on are in-utero exposures, birthweight, physical health and nutrition, mental health, and the environment. In …
Persistent link: https://www.econbiz.de/10012452856
This study estimates long-run impacts of a child health investment, exploiting community-wide experimental variation in …
Persistent link: https://www.econbiz.de/10012457240
an integrated developmental approach to child and adult health that considers the costs and benefits of interventions … over the life cycle. We suggest policies to promote child health which are currently outside the boundaries of conventional …
Persistent link: https://www.econbiz.de/10012459996
We find that alcoholism decreases labor force participation among prime age males, and therefore decreases the income of this group. The effects of alcoholism on the labor force participation of younger and older males and on the wage rates of prime age males are not significantly positive. We...
Persistent link: https://www.econbiz.de/10012475078
We develop a life-cycle model of the labor market in which different worker-firm matches have different quality and the assignment of the right workers to the right firms is time consuming because of search and learning frictions. The rate at which workers move between unemployment, employment...
Persistent link: https://www.econbiz.de/10012255173
This paper presents economic models of child development that capture the essence of recent findings from the empirical literature on skill formation. The goal of this essay is to provide a theoretical framework for interpreting the evidence from a vast empirical literature, for guiding the next...
Persistent link: https://www.econbiz.de/10012467352
This paper derives optimal income tax and human capital policies in a dynamic life cycle model of labor supply and risky human capital formation. The wage is a function of both stochastic, persistent, and exogenous "ability'' and endogenous human capital. Human capital is acquired throughout...
Persistent link: https://www.econbiz.de/10012457460
This paper studies household financial choices: why are these decisions dependent on the education level of the household? A life-cycle model is constructed to understand a rich set of facts about decisions of households with different levels of educational attainment regarding stock market...
Persistent link: https://www.econbiz.de/10012457982