Showing 1 - 10 of 311
Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay …
Persistent link: https://www.econbiz.de/10010276096
This paper discusses the relationship between medical innovations and ageing from a health economics perspective and surveys empirical evidence on medical R&D incentives, R&D costs of pharmaceuticals, and the cost-effectiveness of health innovations. Particular focus is on the endogeneity of...
Persistent link: https://www.econbiz.de/10013322775
used classification, workers from the first (low status) group display more health deficits at any age and accumulate … gradient that widens with increasing age, before and after retirement …
Persistent link: https://www.econbiz.de/10013323092
The paper uses a continuous-time overlapping-generations model with endogenous growth and pollution accumulation over time to study the link between longevity and global warming. It is seen that increasing longevity accelerates climate change in a business-as-usual scenario without climate...
Persistent link: https://www.econbiz.de/10012866368
We use firm closure data from social security records for Austria 1978-1998 to investigate the effect of age on …-displaced workers. We then use a difference-in-difference strategy to analyze employment and earnings of older relative to prime-age … lower re-employment probabilities as compared to prime-age workers but later they catch up. While among the young the …
Persistent link: https://www.econbiz.de/10010264225
domains, suggesting that it is a universal, as opposed to a domain-specific, trait. Analyzing age dynamics, we find that … discrimination develops with age …
Persistent link: https://www.econbiz.de/10012892188
of mortality and old-age dependance. Survival is positively correlated to income but dependency is negatively correlated …
Persistent link: https://www.econbiz.de/10013234521
Although the elderly are more vulnerable to COVID-19, the empirical evidence suggests that they do not behave more cautiously in the pandemic than younger individuals. This theoretical model argues that some individuals might not comply with the COVID-19 measures to reassure themselves that they...
Persistent link: https://www.econbiz.de/10013250730
Low minimum legal drinking ages (MLDAs), as prevalent in many European countries, are severely understudied. We use rich survey and administrative data to estimate the impact of the Austrian MLDA of 16 on teenage drinking behavior and morbidity. Regression discontinuity estimates show that legal...
Persistent link: https://www.econbiz.de/10013251266
actually decreased through time. For the older cohort, we then explore the role of age, education, gender, and occupational …
Persistent link: https://www.econbiz.de/10012829323