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Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new … may be for the evaluation process. To shed light on this issue, monetary values for a number of health problems are … consistency of health impacts within each well-being measure, hugely different monetary valuations are obtained for the same …
Persistent link: https://www.econbiz.de/10010278781
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10010268206
This paper contributes to the immigration literature by generating two unique non-economic quality of life (QOL) indices and testing their role on recent migration patterns. Applying the generated quality of life indices in conjunction with other independent welfare measures to an extended...
Persistent link: https://www.econbiz.de/10010271304
Quality of life differences across areas can be measured by differences in real wages where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured. Previous...
Persistent link: https://www.econbiz.de/10010287640
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010291356
workers are compensated for differences in climate, environmental conditions, ethnic conflicts, crime rates, and health …
Persistent link: https://www.econbiz.de/10010261613
Both Western and Soviet estimates of GNP growth in the USSR indicate that GNP per capita grew in every decade
Persistent link: https://www.econbiz.de/10010267357
A huge research literature, across the behavioral and social sciences, uses information on individuals' subjective well-being. These are responses to questions - asked by survey interviewers or medical personnel - such as how happy do you feel on a scale from 1 to 4? Yet there is little...
Persistent link: https://www.econbiz.de/10010269621
On almost all measures of physical health, Scots fare worse than residents of any other region of the UK and often …
Persistent link: https://www.econbiz.de/10010272699
The socio-economic gradient in health remains a controversial topic in economics and other social sciences. In this … paper we develop a new duration model that allows for unobserved persistent individual-specific health shocks and provides … leads to a 12% decline in the probability of death. We find a large role for unobserved health shocks, with 5-years of …
Persistent link: https://www.econbiz.de/10010274096