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Longevity-induced vertical innovation and the tradeoff between life and growth

Baldanzi, Annarita; Prettner, Klaus; Tscheuschner, Paul - 2017

We analyze the economic growth effects of rising longevity in a framework of endogenous growth driven by quality-improving innovations. We show that a rise in longevity raises savings and thereby reduces the market interest rate. Since the monopoly profits generated by a successful innovation...

Persistent link: https://www.econbiz.de/10011761615

Endogenous life expectancy and R&D-based economic growth

Tscheuschner, Paul - 2021

We propose an overlapping generations framework in which life expectancyis determined endogenously by governmental health investments. As a novelty, we are able to examine the feedback effects between life expectancy and R&D-driven economic growth for the transitional dynamics. We find that i)...

Persistent link: https://www.econbiz.de/10012430654

Exponential growth bias in the prediction of COVID-19 spread and economic expectation

Banerjee, Ritwik; Majumdar, Priyama - 2020

Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact … positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … to Baseline, b) Feedback-N, Feedback-G, and Forecast significantly reduce bias relative to both Baseline and Step, c) the …

Persistent link: https://www.econbiz.de/10012288390

Growth and welfare effects of health care in knowledge based economies

Kuhn, Michael; Prettner, Klaus - 2012

We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping generations. Health care increases longevity and labor participation/productivity. We examine under which conditions expanding health care enhances growth and welfare. Even if the...

Persistent link: https://www.econbiz.de/10010358148

Growth and welfare effects of health care in knowledge based economies

Kuhn, Michael; Prettner, Klaus - 2012

Persistent link: https://www.econbiz.de/10009674951

The economic burden of chronic diseases : estimates and projections for China, Japan and South Korea

Bloom, David E.; Chen, Simiao; Kuhn, Michael; McGovern, … - 2017

We propose a novel framework to analyse the macroeconomic impact of non-communicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic costs of chronic health conditions in terms of foregone...

Persistent link: https://www.econbiz.de/10011704338

The economic burden of chronic diseases : estimates and projections for China, Japan, and South Korea

Bloom, David E.; Chen, Simiao; Kuhn, Michael; McGovern, … - 2017

We propose a novel framework to analyse the macroeconomic impact of noncommunicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic costs of chronic health conditions in terms of foregone gross...

Persistent link: https://www.econbiz.de/10011653537

On the road : access to transportation infrastructure and economic growth in China

Banerjee, Abhijit V.; Duflo, Esther; Qian, Nancy - 2012

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities....

Persistent link: https://www.econbiz.de/10009540767

A rise by any other name? : Sensitivity of growth regressions to data source

Hanousek, Jan (contributor); Hajkova, Dana (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003602765

A rise by any other name? : sensitivity of growth regressions to data source

Hanousek, Jan (contributor); Hajkova, Dana (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003499719

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