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 … conceptualization of ageing as an accumulation of health deficits. The paper also discusses the role of medical progress for longevity …

, and depends on three factors: longevity genes, health investment and farsightedness. Provided earnings, farsightedness and …

interaction between R&D-driven medical progress and access to health care into account. We use the model to explore potential … futures of human health and longevity. For the baseline policy scenario of health care access, the calibrated model predicts … substantial future increases in health and life expectancy, associated with rising shares of health expenditure in GDP. Freezing …

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 …

In this paper, we develop a life cycle model in which health and longevity are threatened by infectious and chronic … diseases. The model captures that the susceptibility and severity of infectious diseases depend on the accumulated health … deficits (immunosenescence) and that the life history of infections affects the accumulation of chronic health deficits …

substantial positive spillovers. Our findings demonstrate the great potential of incentives for improving public health and provide …

this paper we investigate whether an aggregate health production function can help to explain the annual time …-series behavior of U.S. longevity since 1960. We view longevity as the output of the health production function, and output … annual U.S. time-series data on life expectancy, health expenditure, and medical innovation. Reliable annual data are …

costs, and diminishing health such as increasing in obesity (and associated physical health problems) as well behavioral … changing health, we find that increasing mental/emotional/physical health problems accounts for a significant portion of … that deteriorating mental/ emotional/physical health resulting from dietary changes and other factors has increased local …