Interactions between knowledge and health are studied in a three-period overlapping generations model with health persistence. Agents face a non-zero probability of death in adulthood. In addition to working, adults allocate time to child rearing. Growth dynamics depend in important ways on the...

The Philippines has been experiencing unprecedented economic growth in recent years. This has fueled greater consumption among households, and greater support for the expansion of government entitlements, particularly on health and education. Behind these developments, however, is the fact that...