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We show that the choice of the welfare measure has a substantial impact on the degree of welfare-related health … inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration … indices. The influence of the welfare measure is more pronounced when using subjective health measures than when using …
Persistent link: https://www.econbiz.de/10011600917
This paper identifies the migration policies that emerge when both the sending country and the receiving country wield power to set migration quotas, when controlling migration is costly, and when the decision how much human capital to acquire depends, among other things, on the migration...
Persistent link: https://www.econbiz.de/10010323686
This paper is the first to examine the effect of minimum price guaranteesin a sequential search model. Minimum price guarantees are notadvertised and only known to consumers when they come to the shop.We show that in such an environment, minimum price guarantees increasethe value of buying the...
Persistent link: https://www.econbiz.de/10010325862
This paper studies majority voting on taxes when tax evasion is possible. We characterize the voting equilibrium where the agent with median taxed income is pivotal. Since the ranking of true incomes does not necessarily correspond to the ranking of taxed incomes, the decisive voter can differ...
Persistent link: https://www.econbiz.de/10010427450
We consider a real business cycle model with a productive externality and an aggregate non- convex technology set µa la Benhabib and Farmer embodying capacity utilization, which exhibits indeterminacy of the steady state and multiplicity of deterministic equilibria under plausible values of the...
Persistent link: https://www.econbiz.de/10011753163
Premium subsidies have been advocated as an alternative to social health insurance. These subsidies are paid if … expenditure on health insurance exceeds a given share of income. In this paper, we examine whether this approach is superior to … social insurance from a welfare perspective. We show that the results crucially depend on the correlation of health and …
Persistent link: https://www.econbiz.de/10010310627
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care … are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …
Persistent link: https://www.econbiz.de/10010325639
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous …). We introduce health impacts into a simple integrated assessment model where both the local cooling effect of aerosols as … show how some of the important aspects of the equilibrium, including emission abatement rates, health costs, and economic …
Persistent link: https://www.econbiz.de/10010332438
Sleep is a source of energy. This energy is available in limited quantity and individuals must decide when it should be renewed and when it should be consumed. The economics of sleeping and the economics of resource extraction are one and the same. More specifically, utility maximization with...
Persistent link: https://www.econbiz.de/10014306470
This paper aims to enrich the standard toolbox for measuring diversity in economics. In so doing, we compare the indicators of diversity used by economists with those used by biologists and ecologists. Ecologists and biologists are concerned about biodiversity: the diversity of organisms that...
Persistent link: https://www.econbiz.de/10011325042