This paper aims to shed light on the importance of health considerations for business cycle fluctuations and the effect … of health status on labour productivity and availability of labour input for productive use. To this end, Grossman …'s (2000) partial‐equilibrium framework with endogenous health is incorporated in an otherwise standard Real …

This paper aims to shed light on the importance of health considerations for business cycle fluctuations and the effect … of health status on labor productivity and availability of labor input for productive use. To this end, Grossman's (2000 …) partial-equilibrium framework with endogenous health is incorporated in an otherwise standard Real-Business-Cycle (RBC) model …

This paper aims to shed light on the importance of health considerations for business cycle fluctuations and the effect … of health status on labor productivity and availability of labor input for productive use. To this end, Grossman's (2000 …) partial-equilibrium framework with endogenous health is incorporated in an otherwise standard Real- Business-Cycle (RBC) model …

This study represents a new way of looking at health, by investigating the effect of aggregate cancer incidence rates … on labour productivity, using a macroeconomic methodology. The health of the labour force is a key determinant of labour … productivity, with poor health comes both physical and mental stresses that corrode the productive capacity of workers. Within this …