We examine the persistence of the association between subjective health assessments of both first and second-generation migrants with that of their country of origin. To mitigate potential selection bias, we use European data containing records from 30 countries, including over 90 countries of...

The distribution of income related health inequalities appear to exhibit varying patterns when developing countries and developed countries are examined. One explanation is the existence of a health Kuznets' curve. This paper sets out as an exploratory analysis to test the hypothesis of an...

We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous univariate approaches, we consider income and life expectancy...

How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...

We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...