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Little is known about the response behavior of parents whose children are exposed to an early-life shock. In this paper we interpret the prenatal exposure of the Austrian 1986 cohort to radioactive fallout from the Chernobyl accident as a negative human capital shock and examine their parents...
Persistent link: https://www.econbiz.de/10011346051
Early life shocks result in physiological changes that allow infants and children to adapt to surrounding environments. We examine the implications of one form of biological adaptation - immune system learning - for human capital formation. Using two case studies, where interventions to reduce...
Persistent link: https://www.econbiz.de/10014130925
We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
Persistent link: https://www.econbiz.de/10012271478
I develop a dynamic framework to assess the value of pharmaceutical innovation, taking explicit account of how side effects and the labor market affect the demand for medical treatment. In the framework, forward-looking patients do not simply maximize underlying health or longevity. Rather, they...
Persistent link: https://www.econbiz.de/10011800727
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 allows us to control for the factors - such as the number...
Persistent link: https://www.econbiz.de/10010494786
We estimate production functions for cognition and health for children aged 1-12 in India, where over 70 million children aged 0-5 are at risk of developmental deficits. The inputs into the production functions include parental background, prior child cognition and health, and child investments....
Persistent link: https://www.econbiz.de/10012952337
We estimate production functions for cognition and health for children aged 1-12 in India, based on the Young Lives Survey. India has over 70 million children aged 0-5 who are at risk of developmental deficits. The inputs into the production functions include parental background, prior child...
Persistent link: https://www.econbiz.de/10012891217
This paper analyzes the developmental origins and the evolution of health, cognitive, and socio-emotional skills during early childhood, from age 0 to 5. We explicitly model the dynamic interactions of health with the child's behavior and cognitive skills, as well as the role of parental...
Persistent link: https://www.econbiz.de/10012978384
In this paper we estimate production functions for cognition and health throughout four stages of childhood from 5-15 years of age using two cohorts of children drawn from the Young Lives Survey for India. The inputs into the production function include parental background, prior child cognition...
Persistent link: https://www.econbiz.de/10014131356
since it impacts human capital transmission. When poor parents cannot afford to invest in health, poverty traps may arise as … whether households fall into the poverty trap. We demonstrate that high-quality schools ensure that successive generations …. We calibrate our model for Brazil and Chile and show that our model predicts that a poverty trap will arise in Brazil but …
Persistent link: https://www.econbiz.de/10014343736