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We extend the literature on the deep determinants of economic development by focusing on life expectancy, instead of income per capita, as an indicator of economic development, and by examining the role of informal, as well as formal, institutions. Our empirical results suggest that formal and...
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experience and health. Our main result is that good health has a positive, sizable, and statistically significant effect on …
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of adults from 132 countries. I analyze the data on life satisfaction (happiness) and on health satisfaction and look at … inconsistent relationship with happiness. National income moderates the effects of aging on self-reported health, and the decline … in health satisfaction and rise in disability with age are much stronger in poor countries than in rich countries. In …
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I use microeconomic estimates of the effect of health on individual outcomes to construct macroeconomic estimates of … the proximate effect of health on GDP per capita. I employ avariety of methods to construct estimates of the return to … health, which I combine with cross-country and historical data on height, adult survival rates, and age at menarche. Using my …
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