Showing 1 - 10 of 2,095
the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …. We provide evidence supporting these predictions using data on exogenous mortality reductions in the context of the …
Persistent link: https://www.econbiz.de/10013159658
Individuals aged 65 years and older currently make up a larger share of the population than ever before, and this group is predicted to continue growing both in absolute terms and relative to the rest of the population. This chapter begins by introducing the facts, figures, and forecasts...
Persistent link: https://www.econbiz.de/10012983909
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...
Persistent link: https://www.econbiz.de/10013154479
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10013110845
This paper provides estimates of the economic impact of non-communicable diseases (NCDs) in China and India for the period 2012-2030. Our estimates are derived using WHO's EPIC model of economic growth, which focuses on the negative effects of NCDs on labor supply and capital accumulation. We...
Persistent link: https://www.econbiz.de/10013076812
Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic growth. We argue that such an effect is likely,...
Persistent link: https://www.econbiz.de/10013081821
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and … the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in … endogenous variables across countries. The results suggest that differences in extrinsic mortality might explain a substantial …
Persistent link: https://www.econbiz.de/10013086663
Education, general health, and reproductive health are key indicators of human development. Investments in these domains can also promote economic growth. This paper argues for the importance of human development related investments based on i) a theoretical economic growth model with poverty...
Persistent link: https://www.econbiz.de/10012840892
This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional … dominance of poverty over mortality is reversed in a counterfactual herd immunity scenario: without any policy intervention, LYs …
Persistent link: https://www.econbiz.de/10012826740
Contrary to previous findings, we find a systematic and economically sizeable relationship between income levels and life expectancy in a panel dataset of 197 countries over 213 years. By itself, GDP/capita explains more than 64 percent of the variation in life expectancy. The Preston curve...
Persistent link: https://www.econbiz.de/10012987681