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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

Skin Tone's decreasing importance on employment : evidence from a longitudinal dataset, 1985-2000

Akee, Randall; Yuksel, Mutlu - 2010

We investigate the effect of skin tone on employment probabilities in a longitudinal data set. Using an objective … tone on employment has diminished. These results hold both across the white and African-American samples as well as within … attributed to African-American women; there are no changes in the employment probabilities for African-American men in the 15 …

Persistent link: https://www.econbiz.de/10008806452

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

Constitutions and economic development: evidence from the American Indian Nations

Akee, Randall; Jorgensen, Miriam; Sunde, Uwe - 2012

parliamentary systems, such as larger public employment, and more equitable income distribution. -- economic development …

Persistent link: https://www.econbiz.de/10009575381

Transnational trafficking, law enforcement and victim protection : a middleman trafficker's perspective

Akee, Randall; Bedi, Arjun Singh; Basu, Arnab K.; Chau, … - 2011

and foreign crackdowns on illicit employment mutually reinforce or counteract one another in efforts to stem the tide of …

Persistent link: https://www.econbiz.de/10009523461

Heterogeneous returns to human capital and dynamic self-selection

Belzil, Christian; Hansen, Jörgen - 2001

We estimate a structural dynamic programming model of schooling decisions and obtain individual specific estimates of the local (and average) returns to schooling as well as the returns to experience. Homogeneity of the returns to human capital is strongly rejected in favor of a discrete...

Persistent link: https://www.econbiz.de/10011401014

Subjective discount rates, intergenerational transfers and the return to schooling

Belzil, Christian; Hansen, Jörgen - 1999

Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from the National Longitudinal Survey of Youth (NLSY). Given household human capital and Armed Forces...

Persistent link: https://www.econbiz.de/10011313951

Unobserved ability and the return to schooling

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...

Persistent link: https://www.econbiz.de/10011411639

A structural analysis of the correlated random coefficient wage regression model

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...

Persistent link: https://www.econbiz.de/10011411668

Earnings dispersion, risk aversion and eduation

Belzil, Christian; Hansen, Jörgen - 2002

experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk … aversion (0.9282) and the estimates indicate that both wage and employment rate dispersions decrease significantly with …

Persistent link: https://www.econbiz.de/10011411833