show this trend by computing a health deficit index for a panel of 14 European Countries and six waves of the Survey of … Health, Aging, and Retirement in Europe (SHARE). We find that for each year of later birth, health deficits decline by on … of human aging. For example, the level of health deficits experienced at age 65 by individuals born 1920 is predicted to …

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 …

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 …

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 …

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 …

In this paper, I introduce depression to the economics of human health and aging. Based on studies from happiness … fundamentals. The model is used to explain how untreated depression leads to unhealthy behavior and adverse health outcomes …: depressed individuals are predicted to save less, invest less in their health, consume more unhealthy goods, and exercise less …

In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … theory in which individuals take into account the fact that the consumption of addictive goods reduces their health and …

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 …