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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
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
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
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
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
Persistent link: https://www.econbiz.de/10009757276
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
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
In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … theory in which individuals take into account the fact that the consumption of addictive goods reduces their health and …
Persistent link: https://www.econbiz.de/10011673693
immortality that is never reached. We consider an intertemporal problem where health investments and consumption choices are made …, taking into account that mortality depends on environmental factors, which are not controlled by the agent, and the agent …'s health condition, which is endogenous to lifestyle and health behavior. Formally, the infinite horizon approach has the …
Persistent link: https://www.econbiz.de/10011674453