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This paper studies the normative problem of redistribution between agents who can infuence their survival probability through private health spending, but who differ in their attitude towards the risks involved in the lotteries of life to be chosen. For that purpose, a two-period model is...
Persistent link: https://www.econbiz.de/10010738885
This paper studies the normative problem of redistribution between agents who can influence their survival probability through private health spending, but who differ in their attitude towards the risks involved in the lotteries of life to be chosen. For that purpose, we develop a two-period...
Persistent link: https://www.econbiz.de/10005043161
Persistent link: https://www.econbiz.de/10012415735
Persistent link: https://www.econbiz.de/10015052576
investigate the causes behind the increase in health spending and longevity in the U.S. over the period 1965-2005. We estimate …
Persistent link: https://www.econbiz.de/10010191296
explore the design of policy. The model highlights the critical roles played by (i) the relationship between behavioural risk … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …
Persistent link: https://www.econbiz.de/10010467858
investigate the causes behind the increase in health spending and longevity in the U.S. over the period 1965-2005. We estimate …
Persistent link: https://www.econbiz.de/10010329082
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10010269651
Persistent link: https://www.econbiz.de/10010462967
Canada spends more than Italy on health per capita and as a share of GDP and has a higher per capita GDP. Yet, life expectancy and infant mortality in Italy are better and have improved more over time. The implication is that the Italian health care system provides better value for money. We...
Persistent link: https://www.econbiz.de/10012269394