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This paper presents a simple two-period overlapping generation's model with uncertain lifetimes that contains environmental and health issues. It investigates an intergenerational conflict between old and young generations as regards two defensive expenditures, offsetting the influence of a...
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This study examines whether health care is affected by Baumol’s cost disease in a scenario of no growth. Baumol's model … working hours. In both scenarios the cost disease does not affects the health care. However, in the second scenario an … relative cost of health care will increase over the years. Therefore, although the cost disease does not affect the health …
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In this paper we evaluate the QALY loss, which may be assigned to the prevalence of specific chronic illnesses and physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British Household Panel Survey data set. This question provides a...
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