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demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the … propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk …
Persistent link: https://www.econbiz.de/10010262448
model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …
Persistent link: https://www.econbiz.de/10010278525
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/10010269651
survey data, we assess six possible explanations for this upsurge in mortality. Most find little support in the data: the … mortality rates. The two factors that do appear to be important are alcohol consumption, especially as it relates to external …
Persistent link: https://www.econbiz.de/10010262196
macroeconomic conditions and fatalities. The main finding is that total mortality and deaths from several common causes increase … a 0.4 percent rise in total mortality and 0.4, 1.1, 1.8, 2.1 and 0.8 percent increases in deaths from cardiovascular …
Persistent link: https://www.econbiz.de/10010262242
A number of studies suggest that mortality rates among East German men increased in the wake of reunification, in … mortality and cause of death statistics based on detailed regional data. The results indicate that there was indeed an increase … in mortality rates which cannot be dismissed as a statistical artefact. Next, the paper discusses various theories …
Persistent link: https://www.econbiz.de/10010262254
that the general adult male mortality crisis in the region had a ?feedback? effect on suicide rates, with the loss of a …
Persistent link: https://www.econbiz.de/10010262450
with mortality. This paper studies the effects of income on health and mortality, using only the part of income variation …
Persistent link: https://www.econbiz.de/10010262805
In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of...
Persistent link: https://www.econbiz.de/10010269620
A recent debate in the medical literature has arisen around the mortality effects of obesity. Whereas it has been … undermines the notion that economic growth comes with health warnings. We revisit this debate going over the mortality effects of …
Persistent link: https://www.econbiz.de/10010270627