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During pandemic times, like the SARS-CoV-2 outbreak, the chance of spreading the virus in the community and the individual health risk of the population especially for chronic patients is imminent. The dramatic increase of Covid-19 cases and the various health measures issued by the governments...
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We assess quantitatively the effect of exogenous health improvements on output per capita. Our simulation model allows for a direct effect of health on worker productivity, as well as indirect effects that run through schooling, the size and age-structure of the population, capital accumulation,...
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