Micro-based and macro-based approaches have been used to assess the effects of health on economic growth. Micro-based approaches aggregate the return on individual health from Mincerian wage regressions to derive the macroeconomic effects of population health. Macro-based approaches estimate a...

This paper is about the comparison of the cycle of money with the impact factor of health, and without it. Hence, this thesis is based on the cycle of money and on the impact factor of health. This means that we should have the appropriate health system for the support of the financial market...

Economists use micro-based and macro-based approaches to assess the effects of health on economic growth. The micro-based approach tends to find smaller effects than the macro-based approach, thus presenting a micro-macro puzzle regarding the economic return on health. We reconcile these two...