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Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10011382432
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10011439785
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10011391696
Risk preferences are typically assumed to be constant for an individual across the life cycle. In this paper we empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We follow an innovative approach and use grip strength...
Persistent link: https://www.econbiz.de/10011381274
Computational aspects concerning a model for clustered binary panel data are analysed. The model is based on the representation of the behavior of a subject (individual panel member) in a given cluster by means of a latent process that is decomposed into a cluster-specific component, which...
Persistent link: https://www.econbiz.de/10005694985
coefficient specification to capture this type of heterogeneity in behavior, and discusses nonparametric identification and …
Persistent link: https://www.econbiz.de/10010706320
Taking into account the economic consequences of obesity highlighted in literature (Cawley, 2004), this study investigates the association between overweight and skill attainment at the university of Salerno in Italy, with particular focus on gender differences. Our findings indicate a...
Persistent link: https://www.econbiz.de/10011201720
In this paper we consider how State investments can crowd out or reinforce self-investments in health using a theoretical model of insurance and protection. We apply this model to the smoking cessation decision made by individuals diagnosed with a cardiovascular disease using data from the 1998,...
Persistent link: https://www.econbiz.de/10010870773
heterogeneity in shaping the effects of health shocks on labour supply is theoretically modelled by adopting the Grossman (1972 …
Persistent link: https://www.econbiz.de/10010264739
We consider how individuals' decisions on their health behaviours depend on the level of investment in their health provided by the State. We develop the model provided by Ehrlich and Becker (1972) and Peltzman (1975) and we show that higher levels of protection provided by the State (either...
Persistent link: https://www.econbiz.de/10008455406