| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14157 |
| 来源ID | Working Paper 14157 |
| The Value of Life in General Equilibrium | |
| Anupam Jena; Casey Mulligan; Tomas J. Philipson; Eric Sun | |
| 发表日期 | 2008-07-15 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Perhaps the most important change of the last century was the great expansion of life itself -- in the US alone, life expectancy increased from 48 to 78 years. Recent economic estimates confirm this claim, finding that the economic value of the gain in longevity was on par with the value of growth in material well-being, as measured by income per capita. However, ever since Malthus, economists have recognized that demographic changes are linked to economic behavior and vice versa. Put simply, living with others who live 78 years is different than living with others who live only 48 years, so that valuing the extra 30 years of life is not simply a matter of valuing the extra years a single individual lives. The magnitude by which such valuations differ is overstated when there are increasing returns to population and is understated under decreasing returns. Focusing on the gains in life expectancy in the United States from 1900 to 2000, we find that a significant part of the value of longer life may be affected by these general equilibrium demographic effects. |
| 主题 | Health, Education, and Welfare ; Health ; Poverty and Wellbeing ; Labor Economics ; Demography and Aging ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w14157 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571831 |
| 推荐引用方式 GB/T 7714 | Anupam Jena,Casey Mulligan,Tomas J. Philipson,et al. The Value of Life in General Equilibrium. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14157.pdf（254KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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