interaction between R&D-driven medical progress and access to health care into account. We use the model to explore potential … futures of human health and longevity. For the baseline policy scenario of health care access, the calibrated model predicts … substantial future increases in health and life expectancy, associated with rising shares of health expenditure in GDP. Freezing …

traditional equilibrium, contraceptives are not used, fertility is high and education and growth are low. At the modern … equilibrium, contraceptives are used, fertility is low and further declining with increasing income, and education and growth are … provide more education for their children and leads to an earlier uptake of modern contraceptives and an earlier onset of the …

integrates health in the utility function and utilizes recent estimates on the effects of health on the marginal utility of …

We study biological aging of elderly U.S. Americans born 1904-1966. We use thirteen waves of the Health and Retirement … Study and construct a health deficit index as the number of health deficits present in a person measured relative to the … number of potential deficits. We find that, on average, Americans develop 5 percent more health deficits per year, that men age …

Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life … adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …

biologically-founded life-cycle model of health deficit accumulation and endogenous longevity. We calibrate the model with U …

We analyze human aging, understood as health deficit accumulation, for a panel of European individuals. For that … purpose, we use four waves of the Survey of Health, Aging and Retirement in Europe (SHARE dataset) and construct a health ….5 percent more health deficits from one birthday to the next. In non-linear regression (akin to the Gompertz-Makeham model …