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Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care … are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …
Persistent link: https://www.econbiz.de/10011381036
This paper presents a unified theory of human capital with both health capital and, what we term, skill capital … endogenously determined within the model. By considering joint investment in health capital and in skill capital, the model … highlights similarities and differences in these two important components of human capital. Health is distinct from skill: health …
Persistent link: https://www.econbiz.de/10010490079
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill … an important economic mechanism driving human-capital formation, socio-economic and health disparities, human …-capital based economic growth, and causal relations among the stocks of wealth, skill and health, namely whether individuals can …
Persistent link: https://www.econbiz.de/10013172987