productivity ; cost-sharing ; entry deregulation ; health insurance ; pharmaceutical innovation …This paper examines the role of both cost-sharing schemes in health insurance systems and entry regulation for … pharmaceutical R&D expenditure, drug prices, aggregate productivity, and income. The analysis suggests that both an increase in the …

Several empirical studies provide evidence that their actual health state affects people's attitudes towards health and … medical care in hypothetical health states. In the tradition of behavioural economics this paper considers the actual health … state as a point of reference and builds a model for studying the implications of this phenomenon on health insurance and on …

Many policymakers view power outages as a major constraint on firm productivity in developing countries. Yet empirical … the long-run general-equilibrium effects of power outages on productivity. Outages lower productivity in the model by …

Empirical studies show that years of schooling are positively correlated with good health. The implication may go from … education to health, from health to education, or from factors that influence both variables. We formalize a model that … determines an individual's demand for knowledge and health based on the causal effects, and study the impacts on the individual …

, and depends on three factors: longevity genes, health investment and farsightedness. Provided earnings, farsightedness and … conclusions depend also on how productivity and genes are correlated, on the complementarity of genes and efforts in the survival …