the scope of future model applications by examining the effects of a stylized Medicare program on patterns of wealth and …

This paper formulates and estimates a dynamic model of health, addiction, education, and wealth in order to understand … generate a constellation of bad health, and low levels of education and wealth, which is further reinforced by the … to assess (1) how excise tax policies on the consumption of addictive goods affect health, education, and wealth, and (2 …

preferences for wealth and health for losses and gains, and decompose these attitudes into four different dimensions: individual … aversion to risk and inequality is the modal preference for outcomes in health and wealth in the domain of gains and losses. A … in health and wealth for gains and losses. Likewise, respondents are averse to collective risk, but risk neutral to …