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International differences in longevity and health and their economic consequences
Michaud, Pierre-Carl; Goldman, Dana; Lakdawalla, Darius; … - 2009
In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of...
Persistent link: https://www.econbiz.de/10010269620
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Understanding the economic consequences of shifting trends in population health
Michaud, Pierre-Carl; Goldman, Dana; Lakdawalla, Darius; … - 2009
The public economic burden of shifting trends in population health remains uncertain. Sustained increases in obesity, diabetes, and other diseases could reduce life expectancy - with a concomitant decrease in the public-sector's annuity burden - but these savings may be offset by worsening...
Persistent link: https://www.econbiz.de/10010269708
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Dynamic programming model of health and retirement
Iskhakov, Fedor - 2008
Norway in 1992-2003. Special attention is given to early retirement pensiion and disability pension as two major exit routes … disability programs. Incomplete information maximum likelihood method is used in several stages to facilitate the estimation. The … disability insurance scheme. Estimates of the structural parameters of the concealed health process allow for forecasting the …
Persistent link: https://www.econbiz.de/10010284409
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Interactions between financial incentives and health in the early retirement decision
Garcia-Gomez, Pilar; Galama, Titus J.; Van Doorslaer, Eddy - 2017
We present a theory of the relation between health and retirement that generates testable predictions regarding the interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals (compared to poorer individuals) are more likely...
Persistent link: https://www.econbiz.de/10011648295
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On the Health Care Luxury Good Hypothesis
Ebadi, Esmaeil - 2021
A wide range of research has been developed in the empirical literature regarding income and price elasticities of health care expenditure (HCE). The results are mixed, as researchers employ different methodologies and data sources. The benefits of the panel data method, such as greater data...
Persistent link: https://www.econbiz.de/10013252197
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Measuring obesity in the absence of a gold standard
O'Neill, Donal - 2014
Reliable measures of body composition are essential in order to develop effective policies to tackle the costs of obesity. To date the lack of an acceptable gold-standard for measuring fatness has made it difficult to evaluate alternative measures of obesity. In this paper we draw on work in...
Persistent link: https://www.econbiz.de/10010235859
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Education, health and wages
Heckman, James J.; Humphries, John Eric; Veramendi, Gregory - 2014
This paper develops and estimates a model with multiple schooling choices that identifies the causal effect of different levels of schooling on health, health-related behaviors, and labor market outcomes. We develop an approach that is a halfway house between a reduced form treatment effect...
Persistent link: https://www.econbiz.de/10010257595
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Do maternal health problems influence child's worrying status? : evidence from British cohort study
Dai, Xianhua; Härdle, Wolfgang; Yu, Keming - 2014
The influence of maternal health problems on child's worrying status is important in practice in terms of the intervention of maternal health problems early for the influence on child's worrying status. Conventional methods apply symmetric prior distributions such as a normal distribution or a...
Persistent link: https://www.econbiz.de/10010253468
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Education, Health and Wages
Heckman, James J. - 2014
This paper develops and estimates a model with multiple schooling choices that identifies the causal effect of different levels of schooling on health, health-related behaviors, and labor market outcomes. We develop an approach that is a halfway house between a reduced form treatment effect...
Persistent link: https://www.econbiz.de/10013057040
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Returns to Education : The Causal Effects of Education on Earnings, Health and Smoking
Heckman, James J. - 2016
This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in the structural dynamic discrete choice literature with approaches used in the reduced form treatment effect literature. It is an empirically robust middle ground between the two...
Persistent link: https://www.econbiz.de/10012990853