Showing 1 - 10 of 456
This paper constructs a dynamic model of health insurance to evaluate the short- and long run effects of policies that … prevent firms from conditioning wages on health conditions of their workers, and that prevent health insurance companies from … charging individuals with adverse health conditions higher insurance premia. Our study is motivated by recent US legislation …
Persistent link: https://www.econbiz.de/10011084411
that mortality risks are a major source of risks in returns to education in developing countries. We show that, in the …. Uncertain returns to education, endogenous mortality or imperfect capital markets unambiguously increase child labour. When the …
Persistent link: https://www.econbiz.de/10005498071
phenomenon, there is limited evidence on the consequences of child labour for socioeconomic outcomes such as education …, occupational choice, wages, and health. Using panel data from Vietnam and an instrumental variables strategy, we evaluate the … reduced schooling, particularly for girls. We find no significant effects of child labour on several indicators of health …
Persistent link: https://www.econbiz.de/10005067577
This paper studies an overlapping generations model with stochastic production and incomplete markets to assess whether the introduction of an unfunded social security system leads to a Pareto improvement. When returns to capital and wages are imperfectly correlated a system that endows retired...
Persistent link: https://www.econbiz.de/10005123907
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education … long run for 23% to 45% of the entire effect of education on health, depending on gender. …
Persistent link: https://www.econbiz.de/10009385763
education and to what extent those mitigate the long-run effects. We use individual records of Swedish birth cohorts from 1915 … direct biological mechanisms. We do not find evidence of indirect pathways through ability or education, and the long …-run effects are not mitigated by education. …
Persistent link: https://www.econbiz.de/10011084641
This Paper explores the implications of the recent sharp rise in US wage inequality for welfare and the cross-sectional distributions of hours worked, consumption and earnings. From 1967 to 1996 cross-sectional dispersion of earnings increased more than wage dispersion, due to a rise in the...
Persistent link: https://www.econbiz.de/10005656181
Drawing on and extending the theory of human capital, a comprehensive life-cycle model of individual earnings is designed. The approach taken permits an isolated analysis of three interconnected levels of aggregation (intra-cohort distribution, overall distribution, and lifetime distribution)...
Persistent link: https://www.econbiz.de/10005124350
With many countries considering the adoption of a system of earned income tax credits, it is useful to analyze how different types of credits affect labor supply and earnings. This paper focuses on a 1999 reform to the UK tax credit system, which increased the value of the credit and reduced the...
Persistent link: https://www.econbiz.de/10004971317
The determinants of the dramatically rising expenditures on health care in general, and on hospital care in particular …
Persistent link: https://www.econbiz.de/10005791813