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interact in explaining a range of health outcomes. Using rich Australian survey data, we find that, while the two traits are … of control and health is reduced once we control for self-control, suggesting that self-control mediates at least part of … physical health …
Persistent link: https://www.econbiz.de/10014083258
interact in explaining a range of health outcomes. Using rich Australian survey data, we find that, while the two traits are … of control and health is reduced once we control for self-control, suggesting that self-control mediates at least part of … physical health …
Persistent link: https://www.econbiz.de/10014083683
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with recursive utility, as well as health-dependent income and mortality risk. Our estimates of the deep parameters … highlight the importance of health capital, mortality risk control, convex health and mortality adjustment costs and binding …Richer and healthier agents tend to hold riskier portfolios and spend proportionally less on health expenditures …
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In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if - in contrast to the standard model - the...
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