, extend the empirical approach in two ways. First, we add health as an additional outcome di- mension. Second, we apply a semi …

, extend the empirical approach in two ways. First, we add health as an additional outcome dimension. Second, we apply a semi …

, extend the empirical approach in two ways. First, we add health as an additional outcome dimension. Second, we apply a semi …

, extend the empirical approach in two ways. First, we add health as an additional outcome dimension. Second, we apply a semi …

incorporates mental and physical health. Correlated mental and physical health production functions are simultaneously estimated …, including the endogenous decisions to seek psychotherapy and smoke cigarettes as health accumulation factors. The model is … indicate that mental health has a stronger impact on labor supply than physical health. At the same time, estimates show that …

This paper is concerned with the economics of mental health. We argue that mental health economics is like health … observations on institutions paying for and providing mental health services. We show that adverse selection and moral hazard … appear to hit mental health markets with special force. We discuss the emergence of new institutions within managed care that …

Understanding cognitive health, its decline, and the investments that shape its age profile in later life are important … in an aging society, and yet, estimating the cognitive health production function is complicated by non-random mortality … the National Health and Aging Trends Study (NHATS), I find substantially wider gaps in cognitive health by these …