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. Here, we challenge this view. We set up a life-cycle model of human aging and longevity in which individuals discount the … health than they would if they had a constant rate of time preference. Using a calibrated life-cycle model of human aging, we …
Persistent link: https://www.econbiz.de/10012929204
longevity. I distinguish two types of addiction: perfect and common. Individuals with perfect addiction perfectly control their … and the socioeconomic gradients of unhealthy consumption and longevity. …
Persistent link: https://www.econbiz.de/10011673693
influence their own length of life (endogenous longevity). Without the ability of individuals to influence their longevity, the …
Persistent link: https://www.econbiz.de/10013172987
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10011381036
influence their own length of life (endogenous longevity). Without the ability of individuals to influence their longevity, the …
Persistent link: https://www.econbiz.de/10013290845
influence their own length of life (endogenous longevity). Without the ability of individuals to influence their longevity, the …
Persistent link: https://www.econbiz.de/10013291712
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10014192101
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a sufficiently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. The authors present a life-cycle model...
Persistent link: https://www.econbiz.de/10014192430
conditions, and health investment, provide mechanisms through which SES, health, and longevity are related. As a result, the …
Persistent link: https://www.econbiz.de/10014134546
Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … expectancy, and the value of life. We set up a a life cycle model in which individuals are subject to physiological aging … 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