Showing 1 - 10 of 92
In this paper, I suggest a novel explanation for a hump-shaped ageconsumption profile, based on human aging. The model integrates health in the utility function and utilizes recent estimates on the effects of health on the marginal utility of consumption. The parsimonious model has a closed-form...
Persistent link: https://www.econbiz.de/10011375688
Persistent link: https://www.econbiz.de/10009757276
This study presents a new view on the association between education and longevity. In contrast to the earlier literature, which focused on inefficient health behavior of the less educated, we investigate the extent to which the education gradient can be explained by fully rational and efficient...
Persistent link: https://www.econbiz.de/10011556905
Persistent link: https://www.econbiz.de/10010421808
This paper provides a closed-form solution for the health capital model of health demand. The results are exploited in order to prove analytically the comparative dynamics of the model. Results are derived for the so called pure investment model, the pure consumption model and a combination of...
Persistent link: https://www.econbiz.de/10010429139
Persistent link: https://www.econbiz.de/10011411088
In this paper, I propose a life cycle model of occupational choice with endogenous health behavior, aging, and longevity. Health-demanding work leads to a faster accumulation of health deficits and is remunerated with a hazard markup on wages. Health deficit accumulation is also influenced by...
Persistent link: https://www.econbiz.de/10012820924
Persistent link: https://www.econbiz.de/10012627591
In this paper, I combine economic theories of health behavior and addiction in order to explain the phenomenon of anorexia nervosa and its impact on health and longevity. Individuals consume normal goods and foods and can work off excess calories with physical exercise. There exists a healthy...
Persistent link: https://www.econbiz.de/10012615982
Persistent link: https://www.econbiz.de/10010188738