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The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...
Persistent link: https://www.econbiz.de/10010528342
In this paper, we examine the effects of the Covid-19 pandemic on individual aging and longevity with special focus on socioeconomic disparities in health outcomes. We also explore the individual-specific effects of Long Covid. We develop and calibrate a health economic model based on principles...
Persistent link: https://www.econbiz.de/10014529184
Ýmrohoroðlu, Ýmrohoroðlu and Joines [1995, A life-cycle analysis of Social Security, Economic Theory, vol. 6, 83 …
Persistent link: https://www.econbiz.de/10010477151
Longevity expectations (LE) are subjective assessments of future health status that can influence a number of individual health protective decisions. This is especially true during a pandemic such as COVID-19, as the risk of ill health depends more than ever on such protective decisions. This...
Persistent link: https://www.econbiz.de/10013358768
We study the effect of ageing, defined an extra year of life, on health care utilisation. We disentangle the direct effect of ageing, from other alternative explanations such as the presence of comorbidities and endogenous time to death (TTD) that are argued to absorb the effect of ageing...
Persistent link: https://www.econbiz.de/10012219358
Persistent link: https://www.econbiz.de/10013177111
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/10012026344
The Nordic countries have the lowest maternal and child mortality rates in the world. This has not always been the case …. In 1887 the mortality rates in Norway were similar to those of developing countries today. During the next 34 years …, Norwegian maternal mortality was halved and infant mortality fell by 40 percent. Investigating the relationship between health …
Persistent link: https://www.econbiz.de/10011781980
According to empirical studies, the life cycle of labor supply volatility exhibits a U-shaped pattern. This may lead to the conclusion that demographic change induces a drop in output volatility. We present an overlapping generations model that replicates the empirically observed pattern and...
Persistent link: https://www.econbiz.de/10010231628
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...
Persistent link: https://www.econbiz.de/10012249285