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Available evidence suggests high intergenerational correlation of economic status and persistent disparities in health status between the rich and the poor. This paper proposes a mechanism linking the two. We introduce health capital into a two-period overlapping generations model. Private...
Persistent link: https://www.econbiz.de/10005716607
We discuss how child labor problems may persist in developing countries when adult mortality risks are endogenous. Children provide current consumption through child labor and future consumption via an informal social security arrangement. Poorer parents, unable to invest much in their health,...
Persistent link: https://www.econbiz.de/10005763193
This paper examines two related questions: what effects do infectious diseases exert on growth and development, and are they quantitatively important? We present evidence on the effect of health and infectious diseases on economic development using Hansen’s (2000) endogenous threshold...
Persistent link: https://www.econbiz.de/10005800522
Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. Health human capital is introduced into a two-period overlapping generations model....
Persistent link: https://www.econbiz.de/10008543124
This paper develops a growth model with specialized goods where inefficient and corrupt bureaucracies interact with the provision of public investment services in affecting the productivity of private capital, specialization, and growth. The model provides potential explanations for the...
Persistent link: https://www.econbiz.de/10008528662
Persistent link: https://www.econbiz.de/10007634741
Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. We introduce health human capital into a two-period overlapping generations model....
Persistent link: https://www.econbiz.de/10005130213
This paper examines the relationship between rent seeking and economic performance when governments cannot enforce property rights. With imperfect credit markets and a fixed cost to rent seeking, only wealthy agents choose to engage in it, as it allows them to protect their wealth from...
Persistent link: https://www.econbiz.de/10005142064
Persistent link: https://www.econbiz.de/10005180469
Available evidence suggests high intergenerational correlation of economic status,and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. We introduce health human capital into a two-period overlapping generations model....
Persistent link: https://www.econbiz.de/10005190333