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In this paper we present a theory of health investment when there are multiple causes of death. Since there are several risks competing for one's life, the health investments in avoiding different causes of death are not independent in general. We analyze the optimal investment rules and the...
Persistent link: https://www.econbiz.de/10011409040
In this paper we present a theory of health investment when there are multiple causes of death. Since there are several risks "competing" for one's life, the health investments in avoiding different causes of death are not independent in general. We analyze the optimal investment rules and the...
Persistent link: https://www.econbiz.de/10013320620
This paper studies the optimal long-run public intervention in a two-period OLG model where the probability of surviving the first period and the length of the second period can be influenced by distinct policies. While the optimal size of public intervention depends on the extra-productivity of...
Persistent link: https://www.econbiz.de/10013317486
This paper offers an integrated view of the relationships between health spending, medical innovation, health status, growth and welfare. Health spending triggers technological progress, which is a potential source of better outcomes in terms of longevity and quality of life, a direct source of...
Persistent link: https://www.econbiz.de/10014047534
Persistent link: https://www.econbiz.de/10012542195
Persistent link: https://www.econbiz.de/10002757070
In this paper we present a theory of health investment when there are multiple causes of death. Since there are several risks "competing" for one's life, the health investments in avoiding different causes of death are not independent in general. We analyze the optimal investment rules and the...
Persistent link: https://www.econbiz.de/10001664960
Persistent link: https://www.econbiz.de/10000920190
-specific policies introduced by competing risks of mortality. The incentive to invest in prevention against one cause of death depends … than the direct medical reduction in mortality: it affects the incentives to fight other diseases so the overall reduction … in mortality will, in general, be larger than that predicted by the direct medical effects. We discuss evidence of these …
Persistent link: https://www.econbiz.de/10012473661
Persistent link: https://www.econbiz.de/10014552691