investments in their education and in which we allow for health-related gender differences in productivity. We show that better …We analyze the economic consequences for less developed countries of investing in female health. In so doing we … female health speeds up the demographic transition and thereby the take-off toward sustained economic growth. By contrast …

Economists use micro-based and macro-based approaches to assess the effects of health on economic growth. The micro … economic return on health. We reconcile these two strands of literature by showing that the point estimate of the macroeconomic … effect of health is quantitatively close to that found by aggregating the microeconomic effects, when carefully specifying …

experience and health. Our main result is that good health has a positive, sizable, and statistically significant effect on …

caused by worsening health in old age. Our model explains the long-run decline in the age of retirement as an income level … effect. We show that improvements in health and longevity tend to increase the desired retirement age, though less than …

leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …