Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The … the macroeconomic return to health. We reconcile the two approaches by controlling for the indirect effects of health … of health. Our results show that the macroeconomic return to health lies in the range of plausible microeconomic …

consumer optimization model that incorporates endogenous fertility as well as endogenous education and health investments. The … model shows that a fertility decline induces higher education and health investments that are able to compensate for …

In a recent paper, Acemoglu and Johnson (2007) argue that the large increases in population health witnessed in the 20 … health and income do not affect subsequent economic growth. Using their data we reject this assumption in favor of a model of …, exogenous improvements in health due to technical advances associated with the epidemiological transition appear to have …

We conduct a panel data analysis of 74 countries over 1980 2000 to investigate whether population health affects … foreign direct investment inflows. Our main finding is that health has a positive and significant effect on such inflows for … low- and middle-income countries. This finding is consistent with the view that health is an integral component of human …

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 …

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

Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The … the macroeconomic return to health. We reconcile the two approaches by controlling for the indirect effects of health … of health. Our results show that the macroeconomic return to health lies in the range of plausible microeconomic …