Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The … the macroeconomic return to health. We reconcile the two approaches by controlling for the indirect effects of health … of health. Our results show that the macroeconomic return to health lies in the range of plausible microeconomic …

This paper applies fractional integration and cointegration methods to examine respectively the univariate properties …

22 stock indices are analysed applying fractional integration/cointegration methods to daily data, first for a sample …

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction …

so. We find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health …-existing health conditions may not voluntarily comply, resulting in higher health care congestion than otherwise expected …