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This paper analyzes how long run productivity gains can be used by agents to change their optimal allocation between consumption, health services, and non-market activities during their life cycle. We develop a stylized model accounting for the endogenous number of years in school, retirement...
Persistent link: https://www.econbiz.de/10011184126
We present arguments in favor of a structural approach to the evaluation of public policies. To illustrate this point, an evaluation using a structural model is presented. The steps of the approach are : i) definition of a theoretical framework that takes into account equilibrium effects, ii)...
Persistent link: https://www.econbiz.de/10011184169
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