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Growth and welfare effects of health care in knowledge based economies : conference paper

Kuhn, Michael; Prettner, Klaus - 2013

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

Aging, the great moderation and business-cycle volatility in a life-cycle model : conference paper

Heer, Burkhard; Rohrbacher, Stefan; Scharrer, Christian - 2014

According to empirical studies, the life cycle of labor supply volatility exhibits a U-shaped pattern. This may lead to the conclusion that demographic change induces a drop in output volatility. We present an overlapping generations model that replicates the empirically observed pattern and...

Persistent link: https://www.econbiz.de/10010489277

Optimal dynamic carbon taxation in a life-cycle model with distortionary fiscal policy : conference paper

Abrell, Jan; Rausch, Sebastian - 2014 - First version (preliminary!): February 4, 2014

We quantitatively characterize optimal carbon, capital, and labor income taxes in an economy-climate integrated assessment model that features overlapping generations and distortionary fiscal policy. First, we show that the optimal carbon tax significantly differs from the Pigouvian carbon levy...

Persistent link: https://www.econbiz.de/10010487731

The economic and demographic transition, mortality, and comparative development : conference paper

Sunde, Uwe; Cervellati, Matteo - 2013

the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in … endogenous variables across countries. The results suggest that differences in extrinsic mortality might explain a substantial …

Persistent link: https://www.econbiz.de/10010336814

Growth and welfare under endogenous lifetime : conference paper

Schneider, Maik T.; Winkler, Ralph - 2013 - This version: December 2012

Welfare aspects of longevity increases are often discussed neglecting the complex relationship between longevity and economic growth, which is the focal point of another literature. Combining both perspectives, we develop an endogenous growth OLG-framework to investigate how longevity affects...

Persistent link: https://www.econbiz.de/10010337884

Selective-referral and unobserved patient heterogeneity : bias in the volume-outcome relationship ; conference paper

Hentschker, Corinna; Mennicken, Roman - 2014 - Preliminary

This paper examines the causal effect of volume on outcome on the example of patients with a hip fracture. We use an instrumental variable approach and consider both the practice-makes-perfect and selective-referral hypothesis as well as unobserved patient heterogeneity. Our results indicate...

Persistent link: https://www.econbiz.de/10010481410

The growth drag of pollution : conference paper

Schäfer, Andreas - 2014 - This version: February 2014

Higher child mortality reduces the willingness of parents to invest in children's education and increases their desired … level of fertility. In this context, economic inequality is not only decisive for human capital investments and the … emergence of differential fertility, but also for agents' exposure to environmental pollution because wealthier households live …

Persistent link: https://www.econbiz.de/10010489896

Ambiguous survival beliefs and hyperbolic discounting in a life-cycle model : conference paper

Groneck, Max; Ludwig, Alexander; Zimper, Alexander - 2013

On average, young people underestimate whereas old people overestimate their chances to survive into the future. We employ a subjective survival belief model proposed by Ludwig and Zimper (2013), which can replicate these patterns. The model is compared with hyperbolic discounting within a...

Persistent link: https://www.econbiz.de/10010340559

Health and labor force participation over the life cycle : evidence from the past

Costa, Dora L. (ed.) - 2003

Persistent link: https://www.econbiz.de/10013480749

Inquiries in the economics of aging

Wise, David A. (ed.) - 1998

Persistent link: https://www.econbiz.de/10013480942

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