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is relevant for the present century, where birth and mortality rates in most western countries are steeply declining. …
Persistent link: https://www.econbiz.de/10011870742
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill … capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight …
Persistent link: https://www.econbiz.de/10013172987
Persistent link: https://www.econbiz.de/10009784943
Persistent link: https://www.econbiz.de/10010191307
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
Recent theoretical work shows that folk theorems can be developed for infiniteoverlapping generations games. Cooperation in such games can be sustained as aNash equilibrium. Besides the efficient cooperative equilibrium there is alsothe inefficient non-cooperative equilibrium. This paper...
Persistent link: https://www.econbiz.de/10011301169
In this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes separate...
Persistent link: https://www.econbiz.de/10011343315
health, cognitive ability and mortality. The results are all over the place but on average it seems like at retirement mental … the life of their partners. This paper presents an overview of recent studies on the effects of retirement on mental … health improves, cognitive skills deteriorate and mortality is not affected. However, there is substantial effect …
Persistent link: https://www.econbiz.de/10013332696
Persistent link: https://www.econbiz.de/10000959249
Persistent link: https://www.econbiz.de/10003645092