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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23963 |
来源ID | Working Paper 23963 |
The Lifetime Costs of Bad Health | |
Mariacristina De Nardi; Svetlana Pashchenko; Ponpoje Porapakkarm | |
发表日期 | 2017-10-30 |
出版年 | 2017 |
语种 | 英语 |
摘要 | What generates the observed differences in economic outcomes by health? How costly it is to be unhealthy? We show that health dynamics are largely driven by ex-ante fixed heterogeneity, or health types, even when controlling for one's past health history. In fact, health types are the key driver of long spells of bad health. We incorporate these rich health dynamics in an estimated structural model and show that health types and their correlation with other fixed characteristics are important to account for the observed gap in economic outcomes by health. Monetary and welfare losses due to bad health over the life cycle are large, concentrated, and to a large extent due to factors pre-determined earlier in life. A large portion of the related monetary costs is due to income losses, especially for people of working age, while a substantial portion of the welfare losses arises because health affects life expectancy. |
主题 | Macroeconomics ; Consumption and Investment ; Public Economics ; Taxation ; Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w23963 |
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/581637 |
推荐引用方式 GB/T 7714 | Mariacristina De Nardi,Svetlana Pashchenko,Ponpoje Porapakkarm. The Lifetime Costs of Bad Health. 2017. |
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 | ||
w23963.pdf(1631KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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