experiments using multiple price lists and real payments predicts various health, energy, and financial outcomes, including … overall self-reported health, smoking, drinking, car fuel efficiency, and credit card balance. We allow for time … alternate measures shows that our estimated associations between the time-consistent discount factor and health, energy, and …

We develop a pair of risk measures, health and mortality delta, for the universe of life and health insurance products …. A life-cycle model of insurance choice simplifies to replicating the optimal health and mortality delta through a … portfolio of insurance products. We estimate the model to explain the observed variation in health and mortality delta implied …

This discussion paper resulted in the publication 'Wealth and Health Behavior: Testing the Concept of a Health Cost … phenomenon by developing a theory of health behavior, and exploiting both lottery winnings and inheritances to test the theory …. We distinguish between the direct monetary cost and the indirect health cost (value of health lost) of unhealthy …

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 …

We use administrative data on Swedish lottery players to estimate the causal impact of wealth on players' own health … and their children's health and developmental outcomes. Our estimation sample is large, virtually free of attrition, and … assigned. In adults, we find no evidence that wealth impacts mortality or health care utilization, with the possible exception …