sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of … shaped by their past decisions such as their saving behavior, as well as by current and future economic conditions, health …, physical circumstances such as health and disability, and emotional well-being, including happiness and mental health …

We present a generalized solution to Grossman's model of health capital (1972), relaxing the widely used assumption … that individuals can adjust their health stock instantaneously to an "optimalʺ level without adjustment costs. The Grossman … model then predicts the existence of a health threshold above which individuals do not demand medical care. Our generalized …

We study the effect of attrition and other forms of non-response on the representativity over time of the Health and …

The authors present a generalized solution to Grossman’s model of health capital (1972), relaxing the widely used … assumption that individuals can adjust their health stock instantaneously to an “optimal” level without adjustment costs. The … Grossman model then predicts the existence of a health threshold above which individuals do not demand medical care. Their …

The authors formulate a stylized structural model of health, wealth accumulation and retirement decisions building on … the human capital framework of health provided by Grossman. They explicitly assume a functional form of the utility … consumption, health, health investment, savings and retirement. They argue that the Grossman literature has been unnecessarily …