Elderly's use of long-term care (LTC) services are likely to be influenced by family members, but there is scarce research on the role played by partners and/or adult children, especially taking geographic proximity into account. We thus examine how partners and adult children influence...

We develop a perpetual youth model to investigate how longevity affects economic growth and welfare. Life expectancy is determined by individuals' investments in healthcare. We find that improvements in the healthcare technology always increase the steady state growth rate. Although the effect...

We construct linked register data on five Norwegian birth cohorts, covering: criminal charges after age 15; family characteristics and history up to age 15; and (for males) IQ test scores. A longitudinal analysis of the risk of initiation into crime in early adulthood suggests an increased risk for...

External price benchmarking imposes a price cap for pharmaceuticals based on prices of identical products in other countries. Suppose that a regulatory agency can either directly negotiate drug prices with pharmaceutical manufacturers or implement a benchmarking regime based on foreign prices....