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A Collective Retirement Model : Identification and Estimation in the Presence of Externalities

Michaud, Pierre-Carl; Vermeulen, Frederic - 2004

We study the labor supply dynamics of elderly couples by means of a structural collective model. The model allows for general externalities with respect to spouses? leisure. Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...

Persistent link: https://www.econbiz.de/10010262042

Employment dynamics of married women in Europe

Michaud, Pierre-Carl (contributor); … - 2005

We use eight waves from the European Community Household Panel (1994-2001) to analyze the intertemporal labor supply behavior of married women in six European countries (Netherlands, France, Spain, Italy, Germany and United Kingdom) using dynamic binary choice models with different initial...

Persistent link: https://www.econbiz.de/10003039651

Employment Dynamics of Married Women in Europe

Michaud, Pierre-Carl; Tatsiramos, Konstantinos - 2008

The authors use eight waves from the European Community Household Panel (1994-2001) to analyze the intertemporal labor supply behaviour of married women in six European countries (Netherlands, France, Spain, Italy, Germany and United Kingdom) using dynamic binary choice models with different...

Persistent link: https://www.econbiz.de/10014061876

Employment Dynamics of Married Women in Europe

Michaud, Pierre-Carl; Tatsiramos, Konstantinos - 2021

Persistent link: https://www.econbiz.de/10013318345

Job insecurity and older workers' mental health in the United States

Gutierrez, Italo A.; Michaud, Pierre-Carl - In: Health and labor markets, (pp. 71-98). 2019

Persistent link: https://www.econbiz.de/10012153157

Health and Wealth of Elderly Couples : Causality Tests Using Dynamic Panel Data Models

Michaud, Pierre-Carl; van Soest, Arthur - 2004

analyzes causality from health to wealth (health causation) and from wealth to health (wealth or social causation) for elderly … recently developed strategy using Granger causality tests of Adams et al. (2003, Journal of Econometrics) with tests for … causality in dynamic panel data models incorporating unobserved heterogeneity. While Adams et al. tests reject the hypothesis of …

Persistent link: https://www.econbiz.de/10010262057

The Value of Medican and Pharmaceutical Interventions for Reducing Obesity

Michaud, Pierre-Carl; Goldman, Dana; Lakdawalla, Darius; … - Centre Interuniversitaire sur le Risque, les Politiques … - 2011

This paper attempts to quantify the private and public economic value of reducing obesity through pharmaceutical and medical interventions. We find that the economic value of such treatments, in particular bariatric surgery, is large for treated patients, with incremental cost-effectiveness...

Persistent link: https://www.econbiz.de/10008865976

Health and Access Effects of New Drugs: Combining Experimental and Non-Experimental Data

Michaud, Pierre-Carl; Lakdawalla, Darius; Goldman, Dana; … - Centre Interuniversitaire sur le Risque, les Politiques … - 2010

We propose to combine clinical trial and estimates of behavioral responses in the population to quantify the value of new drug innovations when such values cannot be obtained by randomized experiments alone. New drugs are seen as having two distinct effects on patients. First, they can provide...

Persistent link: https://www.econbiz.de/10008646239

Accounting for the Rise of Health Spending and Longevity

Fonseca, Raquel; Michaud, Pierre-Carl; Kapteyn, Arie; … - Institute for the Study of Labor (IZA) - 2013

We estimate a stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and longevity in the U.S. over the period 1965-2005. We estimate that technological change and the increase in the...

Persistent link: https://www.econbiz.de/10010697235

Individual Survival Curves Comparing Subjective and Observed Mortality Risks

Bissonnette, Luc; Hurd, Michael D.; Michaud, Pierre-Carl - Chaire de recherche Industrielle Alliance sur les … - 2014

In this paper, we compare individual survival curves constructed from objective (actual mortality) and elicited subjective information (probability of survival to a given target age). We develop a methodology to estimate jointly subjective and objective individual- survival curves accounting for...

Persistent link: https://www.econbiz.de/10011093878

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