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useful to control the health crisis but these are less effective in informal markets. As a result, infection and death rates …
Persistent link: https://www.econbiz.de/10013212722
are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care …
Persistent link: https://www.econbiz.de/10011381036
This paper provides a closed-form solution for the health capital model of health demand. The results are exploited in … model, the pure consumption model and a combination of both types of models. Given the plausible assumptions that (i) health … declines with age and that (ii) the health capital stock at death is lower than the health capital stock needed for eternal …
Persistent link: https://www.econbiz.de/10010429139
Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life … adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …
Persistent link: https://www.econbiz.de/10011388100
making of a couple into a biologically founded life-cycle model of health deficit accumulation and endogenous longevity. We …
Persistent link: https://www.econbiz.de/10011796788
biologically-founded life-cycle model of health deficit accumulation and endogenous longevity. We calibrate the model with U …
Persistent link: https://www.econbiz.de/10011637331
Persistent link: https://www.econbiz.de/10009757276
Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life … adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …
Persistent link: https://www.econbiz.de/10013011234
thereby, in the context of health economics, not enough investment in health and too much indulgence of unhealthy consumption … health than they would if they had a constant rate of time preference. Using a calibrated life-cycle model of human aging, we … high weight in life time utility. In an extension we show that the introduction of health-dependent survival probability …
Persistent link: https://www.econbiz.de/10012929204
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill … an important economic mechanism driving human-capital formation, socio-economic and health disparities, human …-capital based economic growth, and causal relations among the stocks of wealth, skill and health, namely whether individuals can …
Persistent link: https://www.econbiz.de/10013172987