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the model is calibrated to pre-industrial mortality data from England, France and Sweden. By fitting parameters to match …We set up a stochastic open-economy growth model with endogenous fertility and mortality. A three-country version of … observed rates of correlation in mortality rates, the model can also account for differences in both the volatility of …
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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/10010338973
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
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