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than the less affluent. There is little doubt about the existence of this socio-economic gradient in health, but there … relationships between socio-economic status and health. We describe the approach of testing for the absence of causal channels …, and we repeat their analysis using the full range of data that have become available in the Health and Retirement Study …
Persistent link: https://www.econbiz.de/10010363952
When individuals’ utility is a convex combination of their income and their concern at having a low relative income (the weights attached to income and to the concern at having a low relative income sum up to one), the maximization of aggregate utility yields an equal income distribution. This...
Persistent link: https://www.econbiz.de/10010490143
Broad differences in life expectancy are observed across countries and socio-demographic groups. This paper reviews the evidence for Italy on the level and development of these inequalities and discusses the strength and possible determinants of the relationship between life expectancy and education
Persistent link: https://www.econbiz.de/10013107380
The goal of this research is to provide an analysis of the development of the Republic of Croatia and 110 selected countries in terms of human resource development index components and the components of the Technological Achievement Index. Developmental lags of the Republic of Croatia were...
Persistent link: https://www.econbiz.de/10013081698
A fundamental goal of any economy is to procure and use the factors of production effectively. These factors include human capital, investment, and other factors. The Solow model attempts to identify other key factors of production necessary for economies. This model emphasizes the human...
Persistent link: https://www.econbiz.de/10012974936
It is evident that a strong positive correlation persists between the educational attainment of parents and that of their children in many, if not most, populations. This relationship may form an important part of the phenomenon of low social mobility as well as inefficiently low investment in...
Persistent link: https://www.econbiz.de/10013004730
This paper explores how reviewing time affects the physicians' decisions. Insufficient examination time may hamper the physicians' care and diagnostic provision, leaving physicians more inclined to over-prescribe medication. I test this prediction using high frequency data from a Spanish...
Persistent link: https://www.econbiz.de/10013211704
A utilitarian social planner who maximizes social welfare assigns the available income to those who are most efficient in converting income into utility. However, when individuals are concerned about their income falling behind the incomes of others, the optimal income distribution under...
Persistent link: https://www.econbiz.de/10009349040
Analysis of the dynamics of lending and household deposits allows to find interesting models of consumer behaviour from the perspective of consumption and savings balance. They fit into four provisional, sequentially alternating types of population's activity, which often depend on the number...
Persistent link: https://www.econbiz.de/10012982814
As health care costs continue to rise, medical expenses have become an increasingly important contributor to financial … link between the availability and pricing of health insurance and the financial behavior of the elderly …
Persistent link: https://www.econbiz.de/10014224982