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Informal care and employment in England : evidence from the British household panel survey

Heitmueller, Axel (contributor); … - 2006

effects and correlated unobserved heterogeneity. We find evidence of a causal link from informal care to employment with … employment rates reduced by up to 6 percentage points. However, this effect is only found for co-residential carers who account … significantly smaller link from employment to care provision is found. A micro-simulation exercise using the model estimates suggest …

Persistent link: https://www.econbiz.de/10003292053

Entrepreneurship, wealth, liquidity constraints and start-up costs

Fonseca, Raquel (contributor); … - 2007

We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity...

Persistent link: https://www.econbiz.de/10003609770

On the rise of health spending and longevity

Fonseca, Raquel; Michaud, Pierre-Carl; Galama, Titus; … - 2009

We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...

Persistent link: https://www.econbiz.de/10003925549

Health and wealth of elderly couples : causality tests using dynamic panel data models

Michaud, Pierre-Carl (contributor); … - 2004 - [Elektronische Ressource]

A positive relationship between socio-economic status (SES) and health, the so-called "health-wealth gradient", is repeatedly found in most industrialized countries with similar levels of health care technology and economic welfare. This study analyzes causality from health to wealth (health...

Persistent link: https://www.econbiz.de/10002422848

Joint labour supply dynamics of older couples

Michaud, Pierre-Carl (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001776074

Understanding the economic consequences of shifting trends in population health

Michaud, Pierre-Carl; Goldman, Dana P.; Lakdawalla, Darius - 2009

The public economic burden of shifting trends in population health remains uncertain. Sustained increases in obesity, diabetes, and other diseases could reduce life expectancy - with a concomitant decrease in the public-sector's annuity burden - but these savings may be offset by worsening...

Persistent link: https://www.econbiz.de/10003884098