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Consumer Behaviour, Labour Supply and Diabetes: The Complex Case

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  • Joao Ricardo Faria
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    Abstract

    This article examines the behaviour of a consumer diagnosed with diabetes. It is shown that the medical treatment of the disease creates incentives that make diabetic's consumption and wieght display cyclical patterns. One implication is that labour supply can be cyclical as well.

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    File URL: http://www.finance.uts.edu.au/research/wpapers/wp88.pdf
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    Bibliographic Info

    Paper provided by Finance Discipline Group, UTS Business School, University of Technology, Sydney in its series Working Paper Series with number 88.

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    Date of creation: 01 Aug 1999
    Date of revision:
    Handle: RePEc:uts:wpaper:88

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    Web page: http://www.uts.edu.au/about/uts-business-school/finance
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    Related research

    Keywords: consumption behaviour; labour supply; limit cycles; health;

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    1. Franz Wirl, 1994. "The ramsey model revisited: The optimality of cyclical consumption and growth," Journal of Economics, Springer, vol. 60(1), pages 81-98, February.
    2. Dockner, Engelbert J & Feichtinger, Gustav, 1993. "Cyclical Consumption Patterns and Rational Addiction," American Economic Review, American Economic Association, vol. 83(1), pages 256-63, March.
    3. Viscusi, W Kip, 1985. "Consumer Behavior and the Safety Effects of Product Safety Regulation," Journal of Law and Economics, University of Chicago Press, vol. 28(3), pages 527-53, October.
    4. Kahn, Matthew E, 1998. "Health and Labor Market Performance: The Case of Diabetes," Journal of Labor Economics, University of Chicago Press, vol. 16(4), pages 878-99, October.
    5. Kahn, Matthew E, 1999. "Diabetic Risk Taking: The Role of Information, Education and Medication," Journal of Risk and Uncertainty, Springer, vol. 18(2), pages 147-64, August.
    6. Feichtinger, Gustav & Novak, Andreas & Wirl, Franz, 1994. "Limit cycles in intertemporal adjustment models : Theory and applications," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 353-380, March.
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