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We formulate a stylized structural model of health, wealth accumulation and retirement decisions building on...
We estimate a health investment equation, derived from a health capital model that is an...
We present a generalized solution to Grossman’s model of health capital (1972), relaxing the widely...
Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by developing...
I present a theory of the demand for health, health investment and longevity, building on...
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups...
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement...
Detailed understanding of the mechanisms responsible for the substantial socioeconomic disparities in health is necessary...
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