consumption. The health cost increases with wealth and the degree of unhealthiness, leading wealthier individuals to consume more …This discussion paper resulted in the publication 'Wealth and Health Behavior: Testing the Concept of a Health Cost … phenomenon by developing a theory of health behavior, and exploiting both lottery winnings and inheritances to test the theory …

services as they are for manufacturing. We use a longitudinal data base forDutch firms in the retail and hotel and catering … sectors to identify around 13,000 new-firm start-ups and47,000 incumbents in the services and track them over subsequent years …. We are then able test to seewhether the Stylized Results identified based on manufacturing still hold in the services …

Using a newly assembled, consistent and disaggregated dataset (12 goods and 7 services) on internal and bilateral trade … for 25 European countries, we analyse the difference between trade in goods and services. The measurement of both trade in … goods and trade in services is improved over earlier research, allowing us to compare trade in goods and services in a …

consumption changes in the US over the period 1952-2001. Theoretically, the effect of labour income risk on consumption changes is … consumption changes. A more important part of aggregate consumption changes is explained by the unobserved component. The …

able to take into account consumption dynamics. In the model, households derive utility from consumption, and they relate … their purchase behavior to consumption planning. We illustrate our model for yogurt purchases, and show that our model …

> Every three years, Indonesia fields simultaneously two nationwide surveys which collect consumption data. Onecollects … consumption using 23 questions, the other using 320 questions. Based on a repeated experiment inwhich the two questionnaires were … aggregation yields a lowerconsumption measure, and that the fraction of underestimation increases as consumption rises. A one …

Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health … explain heterogeneity in economic behaviour by education and cognitive functioning. Analysis of eight waves of the US Health …

We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain …. Individual measures of pension wealth, peak and accrual values are constructed using labor market histories and health shocks are … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement …