Showing 1 - 9 of 9
. Specifically, it is assumed that at any age the probability to survive depends on the number of health deficits accumulated. At the … her age but by the number of accumulated health deficits. The stochastic model basically confirms the earlier …
Persistent link: https://www.econbiz.de/10010954317
Successful economic development is usually characterized by two salient phenomena: industrialization and demographic transition. Chronologically both events happen so closely to each other that historians and economists alike suspect that they are interrelated. This paper develops a theory for...
Persistent link: https://www.econbiz.de/10005243310
. Specifically, it is assumed that at any age the probability to survive depends on the number of health deficits accumulated. It is … death and a precautionary motive for health investment into account thus further improves a bit the anyway good fit of the …
Persistent link: https://www.econbiz.de/10009393070
effects of child-bearing, health expenditure, and education under endogenous mortality. Facing a hierarchy of needs, parents … always consume and want to have a family. Child quality, measured as a two-dimensional vector of child health and schooling …
Persistent link: https://www.econbiz.de/10005764589
This paper investigates the impact of subsistence consumption and extrinsic and intrinsic causes of child mortality on fertility and child expenditure. It offers a theory for why mankind multiplies at higher rates at geographically unfavorable, tropical locations. Placed into a macroeconomic...
Persistent link: https://www.econbiz.de/10005464706
This paper provides a closed-form solution for the health capital model of health demand. The results are exploited in … model, the pure consumption model and a combination of both types of models. Given the plausible assumptions that (i) health … declines with age and that (ii) the health capital stock at death is lower than the health capital stock needed for eternal …
Persistent link: https://www.econbiz.de/10011076222
decide on optimal consumption during life, the age of retirement, and (via health investments) the timing of their death … appears to have been technological change in health care. Both technology and income contribute to the rise in years in …
Persistent link: https://www.econbiz.de/10010567974
effects of child-bearing, health expenditure, and education under endogenous mortality. Facing a hierarchy of needs, parents … always consume and want to have a family. Child quality, measured as a two-dimensional vector of child health and schooling …
Persistent link: https://www.econbiz.de/10005760389
The view is widespread that there are just two options for the future of the Eurozone – either it is complemented by a fiscal union, or it will fall apart. In this paper, we discuss five possible elements of a fiscal union, of which three are in the centre of the current debate on fiscal union...
Persistent link: https://www.econbiz.de/10010556928