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decreases, and the two have different implications for human health. An alternative measure for net current biological …
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, and health measures) to examine the consistency of the relationship. We find that the relationship is both scale …
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This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a …
Persistent link: https://www.econbiz.de/10010128218
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a …
Persistent link: https://www.econbiz.de/10010189439
model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks …Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … employees and an extended Expectation-Maximization algorithm. Simulations suggest that health shocks induce average losses in …
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