Showing 1 - 10 of 62
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous …). We introduce health impacts into a simple integrated assessment model where both the local cooling effect of aerosols as … show how some of the important aspects of the equilibrium, including emission abatement rates, health costs, and economic …
Persistent link: https://www.econbiz.de/10011091564
In this paper, a worker's productivity is assumed to depend on his own quality and on the average quality of other workers in the same country. The external effects associated with worker quality give rise to increasing returns to average worker quality. As a result, free migration generally...
Persistent link: https://www.econbiz.de/10011091432
investigates the impact of home births on the health of low-risk newborns using data from the Netherlands, the only developed … substantial reductions in newborn mortality. We provide suggestive evidence that proximity to medical technologies may be an … important channel contributing to these health gains. …
Persistent link: https://www.econbiz.de/10011090342
This paper models the effect of a HIV/AIDS epidemic on saving behavior and studies the welfare effects of testing for HIV. The model specifies a utility function that includes both regular consumption, and medical expenditures. Medical expenditures generate more utility if individuals are HIV...
Persistent link: https://www.econbiz.de/10011090784
in opposing forces on savings: mortality increases, which reduces savings, and long-term illness risk increases, which … increased mortality decreases the amount of savings and that having a high perception of HIV contamination risk increases …
Persistent link: https://www.econbiz.de/10011090867
This tutorial discusses what-if analysis and optimization of System Dynamics models. These problems are solved, using the statistical techniques of regression analysis and design of experiments (DOE). These issues are illustrated by applying the statistical techniques to a System Dynamics model...
Persistent link: https://www.econbiz.de/10011092652
Since the pioneering work of Koenker and Bassett (1978), econometric models involving median and quantile rather than the classical mean or conditional mean concepts have attracted much interest.Contrary to the traditional models where the noise is assumed to have mean zero, median-restricted...
Persistent link: https://www.econbiz.de/10011092707
The binary-choice regression models such as probit and logit are typically estimated by the maximum likelihood method.To improve its robustness, various M-estimation based procedures were proposed, which however require bias corrections to achieve consistency and their resistance to outliers is...
Persistent link: https://www.econbiz.de/10011092738
For decision makers the variability in the net present value (NPV) of an investment project is an indication of the project's risk. So-called risk analysis is one way to estimate this variability. However, risk analysis requires knowledge about the stochastic character of the inputs. For large,...
Persistent link: https://www.econbiz.de/10011092930
Persistent link: https://www.econbiz.de/10011090295