Can Wealth Buy Health? A Model of Pecuniary and Non-Pecuniary Investments in Health
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Gilleskie, Donna B. & Harrison, Amy L., 1998. "The effect of endogenous health inputs on the relationship between health and education," Economics of Education Review, Elsevier, vol. 17(3), pages 279-295, June.
- Hubbard, R Glenn & Skinner, Jonathan & Zeldes, Stephen P, 1995.
"Precautionary Saving and Social Insurance,"
Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 360-399, April.
- Glenn R. Hubbard & Jonathan Skinner & Stephen P. Zeldes, "undated". "Precautionary Saving and Social Insurance," Rodney L. White Center for Financial Research Working Papers 3-95, Wharton School Rodney L. White Center for Financial Research.
- R. Glenn Hubbard & Jonathan Skinner & Stephen P. Zeldes, 1994. "Precautionary Saving and Social Insurance," NBER Working Papers 4884, National Bureau of Economic Research, Inc.
- Glenn R. Hubbard & Jonathan Skinner & Stephen P. Zeldes, "undated". "Precautionary Saving and Social Insurance," Rodney L. White Center for Financial Research Working Papers 03-95, Wharton School Rodney L. White Center for Financial Research.
- John Rust & Christopher Phelan, 1997.
"How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets,"
Econometrica, Econometric Society, vol. 65(4), pages 781-832, July.
- Rust, J., 1994. "How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets," Working papers 9430, Wisconsin Madison - Social Systems.
- John Rust & Christopher Phelan, 1994. "How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets," Public Economics 9406005, University Library of Munich, Germany, revised 20 Oct 1996.
- Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-255, March-Apr.
- Jeske, Karsten & Kitao, Sagiri, 2009.
"U.S. tax policy and health insurance demand: Can a regressive policy improve welfare?,"
Journal of Monetary Economics, Elsevier, vol. 56(2), pages 210-221, March.
- Karsten Jeske & Sagiri Kitao, 2007. "U.S. tax policy and health insurance demand: can a regressive policy improve welfare?," FRB Atlanta Working Paper 2007-13, Federal Reserve Bank of Atlanta.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jeremy Greenwood & Nezih Guner & Karen A. Kopecky, 2022.
"The Downward Spiral,"
NBER Working Papers
29764, National Bureau of Economic Research, Inc.
- Guner, Nezih & Kopecky, Karen & Greenwood, Jeremy, 2022. "The Downward Spiral," CEPR Discussion Papers 17033, C.E.P.R. Discussion Papers.
- Jeremy Greenwood & Nezih Guner & Karen A. Kopecky, 2022. "The Downward Spiral," Working Papers 1317, Barcelona School of Economics.
- Jeremy Greenwood & Nezih Guner & Karen A. Kopecky, 2022. "The Downward Spiral," FRB Atlanta Working Paper 2022-4, Federal Reserve Bank of Atlanta.
- Jeremy Greenwood & Nezih Guner & Karen Kopecky, 2022. "The Downward Spiral," Working Papers 2022-029, Human Capital and Economic Opportunity Working Group.
- Jeremy Greenwood & Nezih Guner & Karen A. Kopecky, 2022. "The Downward Spiral," Economie d'Avant Garde Research Reports 34, Economie d'Avant Garde.
- Jeremy Greenwood & Nezih Guner & Karen A. Kopecky, 2022. "The Downward Spiral," PIER Working Paper Archive 22-005, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Greenwood, Jeremy & Guner, Nezih & Kopecky, Karen A., 2022. "The Downward Spiral," IZA Discussion Papers 15574, Institute of Labor Economics (IZA).
- Richard Foltyn & Jonna Olsson, 2021. "Subjective Life Expectancies, Time Preference Heterogeneity, and Wealth Inequality," Working Papers 2021_13, Business School - Economics, University of Glasgow.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Juergen Jung & Chung Tran, 2008.
"The Macroeconomics of Health Savings Accounts,"
CAEPR Working Papers
2007-023, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
- Juergen Jung & Chung Tran, 2010. "The Macroeconomics of Health Savings Accounts," Working Papers 2010-12, Towson University, Department of Economics, revised Nov 2016.
- FUKAI Taiyo & ICHIMURA Hidehiko & KANAZAWA Kyogo, 2018.
"Quantifying Health Shocks over the Life Cycle,"
Discussion papers
18014, Research Institute of Economy, Trade and Industry (RIETI).
- Taiyo Fukai & Hidehiko Ichimura & Kyogo Kanazawa, 2018. "Quantifying Health Shocks Over the Life Cycle," Papers 1801.08746, arXiv.org.
- Selahattin Imrohoroglu & Sagiri Kitao, 2010.
"Social Security, Benefit Claiming and Labor Force Participation: A Quantitative General Equilibrium Approach,"
Working Papers, Center for Retirement Research at Boston College
wp2010-02, Center for Retirement Research, revised Mar 2010.
- Selo Imrohoroglu, 2011. "Social Security, Benefit Claiming, and Labor Force Participation: A Quantitative General Equilibrium Approach," 2011 Meeting Papers 215, Society for Economic Dynamics.
- Selahattin Imrohoroglu & Sagiri Kitao, 2010. "Social Security, benefit claiming, and labor force participation: a quantitative general equilibrium approach," Staff Reports 436, Federal Reserve Bank of New York.
- Jung, Juergen & Tran, Chung & Chambers, Matthew, 2017.
"Aging and health financing in the U.S.: A general equilibrium analysis,"
European Economic Review, Elsevier, vol. 100(C), pages 428-462.
- Juergen Jung & Chung Tran & Matthew Chambers, 2016. "Aging and Health Financing in the US:A General Equilibrium Analysis," ANU Working Papers in Economics and Econometrics 2016-641, Australian National University, College of Business and Economics, School of Economics.
- Juergen Jung & Chung Tran & Matthew Chambers, 2016. "Aging and Health Financing in the U.S. A General Equilibrium Analysis," Working Papers 2016-04, Towson University, Department of Economics, revised Apr 2017.
- Halliday, Timothy J. & He, Hui & Ning, Lei & Zhang, Hao, 2019.
"Health Investment Over The Life-Cycle,"
Macroeconomic Dynamics, Cambridge University Press, vol. 23(1), pages 178-215, January.
- Timothy J. Halliday & Hui He & Hao Zhang, 2009. "Health Investment over the Life-Cycle," Working Papers 200910, University of Hawaii at Manoa, Department of Economics.
- Halliday, Timothy J. & He, Hui & Zhang, Hao, 2009. "Health Investment over the Life-Cycle," IZA Discussion Papers 4482, Institute of Labor Economics (IZA).
- Hui He & Hao Zhang & Tim Halliday, 2010. "Health Investment over the Life-Cycle," 2010 Meeting Papers 1179, Society for Economic Dynamics.
- Timothy Halliday & Hui He & Hao Zhang, 2012. "Health Investment over the Life-Cycle," Working Papers 201210, University of Hawaii at Manoa, Department of Economics.
- Pelgrin, Florian & St-Amour, Pascal, 2016.
"Life cycle responses to health insurance status,"
Journal of Health Economics, Elsevier, vol. 49(C), pages 76-96.
- Florian PELGRIN & Pascal ST-AMOUR, 2014. "Life Cycle Responses to Health Insurance Status," Swiss Finance Institute Research Paper Series 14-31, Swiss Finance Institute, revised Jun 2015.
- Pelgrin, F. & St-Amour, P., 2014. "Life cycle responses to health insurance status," Health, Econometrics and Data Group (HEDG) Working Papers 14/13, HEDG, c/o Department of Economics, University of York.
- Youngsoo Jang, 2016. "Income Inequality, Medical Conditions, and Household Bankruptcy," Proceedings of Economics and Finance Conferences 4206835, International Institute of Social and Economic Sciences.
- Mariacristina De Nardi & Eric French & John B. Jones, 2010.
"Why Do the Elderly Save? The Role of Medical Expenses,"
Journal of Political Economy, University of Chicago Press, vol. 118(1), pages 39-75, February.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2009. "Why do the Elderly Save? The Role of Medical Expenses," NBER Working Papers 15149, National Bureau of Economic Research, Inc.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2009. "Why do the elderly save? the role of medical expenses," Working Paper Series WP-09-02, Federal Reserve Bank of Chicago.
- Jeske, Karsten & Kitao, Sagiri, 2009.
"U.S. tax policy and health insurance demand: Can a regressive policy improve welfare?,"
Journal of Monetary Economics, Elsevier, vol. 56(2), pages 210-221, March.
- Karsten Jeske & Sagiri Kitao, 2007. "U.S. tax policy and health insurance demand: can a regressive policy improve welfare?," FRB Atlanta Working Paper 2007-13, Federal Reserve Bank of Atlanta.
- Chaoran Chen & Zhigang Feng & Jiaying Gu, 2022.
"Health, Health Insurance, and Inequality,"
Working Papers
tecipa-730, University of Toronto, Department of Economics.
- Chaoran Chen & Zhigang Feng & Jiaying Gu, 2024. "Health, Health Insurance, and Inequality," Working Papers tecipa-767, University of Toronto, Department of Economics.
- Barucci, Emilio & Biffis, Enrico & Marazzina, Daniele, 2023. "Health insurance, portfolio choice, and retirement incentives," European Journal of Operational Research, Elsevier, vol. 307(2), pages 910-921.
- Elena Capatina, 2012. "Life Cycle Effects of Health Risk," Working Papers 201216, ARC Centre of Excellence in Population Ageing Research (CEPAR), Australian School of Business, University of New South Wales.
- Domeij David & Johannesson Magnus, 2006. "Consumption and Health," The B.E. Journal of Macroeconomics, De Gruyter, vol. 6(1), pages 1-30, May.
- David Chivers & Zhigang Feng & Anne Villamil, 2017.
"Employment-based Health Insurance and Misallocation: Implications for the Macroeconomy,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 23, pages 125-149, January.
- David Chivers & Zhigang Feng & Anne Villamil, 2016. "Code and data files for "Employment-based Health Insurance and Misallocation: Implications for the Macroeconomy"," Computer Codes 15-311, Review of Economic Dynamics.
- Maria Casanova-Rivas, 2008. "Dynamic Complementarities: A Computational and Empirical Analysis of Couples' Retirement Decisions," 2008 Meeting Papers 1073, Society for Economic Dynamics.
- Tansel, Aysit & Keskin, Halil Ibrahim, 2017.
"Education Effects on Days Hospitalized and Days out of Work by Gender: Evidence from Turkey,"
IZA Discussion Papers
11210, Institute of Labor Economics (IZA).
- Tansel, Aysit & Keskin, Halil Ibrahim, 2017. "Education Effects on Days Hospitalized and Days Out of Work by Gender: Evidence from Turkey," MPRA Paper 83227, University Library of Munich, Germany.
- Aysit Tansel & Halil Ibrahim Keskin, 2017. "Education Effects On Days Hospitalized And Days Out Of Work By Gender: Evidence From Turkey," ERC Working Papers 1715, ERC - Economic Research Center, Middle East Technical University, revised Dec 2017.
- Aysit Tansel & Halil Ibrahim Keskin, 2017. "Education Effects on Days Hospitalized and Days out of Work by Gender: Evidence from Turkey," Koç University-TUSIAD Economic Research Forum Working Papers 1721, Koc University-TUSIAD Economic Research Forum.
- Tansel, Aysit & Keskin, Halil Ibrahim, 2017. "Education effects on days hospitalized and days out of work by gender: Evidence from Turkey," GLO Discussion Paper Series 156, Global Labor Organization (GLO).
- Eric French & John Bailey Jones, 2017.
"Health, Health Insurance, and Retirement: A Survey,"
Annual Review of Economics, Annual Reviews, vol. 9(1), pages 383-409, September.
- Eric French & John Bailey Jones, 2017. "Health, Health Insurance, and Retirement: A Survey," Working Paper 17-3, Federal Reserve Bank of Richmond.
- Svetlana Pashchenko & Ponpoje (Poe) Porapakkarm & Mariacristina De Nardi, 2017.
"The Lifetime Costs of Bad Health,"
2017 Meeting Papers
533, Society for Economic Dynamics.
- Mariacristina De Nardi & Svetlana Pashchenko & Ponpoje Porapakkarm, 2017. "The Lifetime Costs of Bad Health," Working Papers 2017-079, Human Capital and Economic Opportunity Working Group.
- De Nardi, Mariacristina & Pashchenko, Svetlana & Porapakkarm, Ponpoje, 2022. "The Lifetime Costs of Bad Health," MPRA Paper 112492, University Library of Munich, Germany.
- Mariacristina De Nardi & Svetlana Pashchenko & Ponpoje Porapakkarm, 2017. "The Lifetime Costs of Bad Health," NBER Working Papers 23963, National Bureau of Economic Research, Inc.
- De Nardi, Mariacristina & Pashchenko, Svetlana & Porapakkarm, Ponpoje, 2017. "The Lifetime Costs of Bad Health," CEPR Discussion Papers 12386, C.E.P.R. Discussion Papers.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2016.
"Medicaid Insurance in Old Age,"
American Economic Review, American Economic Association, vol. 106(11), pages 3480-3520, November.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2012. "Medicaid Insurance in Old Age," Working Papers wp278, University of Michigan, Michigan Retirement Research Center.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2013. "Medicaid Insurance in Old Age," NBER Working Papers 19151, National Bureau of Economic Research, Inc.
- Eric French, 2016. "Medicaid Insurance in Old Age," 2016 Meeting Papers 155, Society for Economic Dynamics.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2012. "Medicaid insurance in old age," Working Paper Series WP-2012-13, Federal Reserve Bank of Chicago.
- David Miles & Ales Cerny, 2001. "Risk, Return and Portfolio Allocation under Alternative Pension Arrangements with Imperfect Financial Markets," CESifo Working Paper Series 441, CESifo.
More about this item
Keywords
Inequality; Health; Time use; Life cycle;All these keywords.
JEL classification:
- I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2021-06-28 (Dynamic General Equilibrium)
- NEP-HEA-2021-06-28 (Health Economics)
- NEP-IAS-2021-06-28 (Insurance Economics)
- NEP-MAC-2021-06-28 (Macroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:14796. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.cepr.org .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.