The Value of Life and the Rise in Health Spending
Author
Abstract
Suggested Citation
Note: EFG AG EH PE
Download full text from publisher
Other versions of this item:
- Robert E. Hall & Charles I. Jones, 2007. "The Value of Life and the Rise in Health Spending," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(1), pages 39-72.
References listed on IDEAS
- Joseph E. Aldy & W. Kip Viscusi, 2004. "Age Variations in Workers' Value of Statistical Life," NBER Working Papers 10199, National Bureau of Economic Research, Inc.
- Lucas, Deborah J., 1994. "Asset pricing with undiversifiable income risk and short sales constraints: Deepening the equity premium puzzle," Journal of Monetary Economics, Elsevier, vol. 34(3), pages 325-341, December.
- Dan Usher, 1973. "The Measurement of Economic Growth," Working Paper 145, Economics Department, Queen's University.
- Rosen, Sherwin, 1988.
"The Value of Changes in Life Expectancy,"
Journal of Risk and Uncertainty, Springer, vol. 1(3), pages 285-304, September.
- Sherwin Rosen, "undated". "The Value of Changes in Life Expectancy," University of Chicago - Population Research Center 87-14, Chicago - Population Research Center.
- Hall, Robert E, 1988.
"Intertemporal Substitution in Consumption,"
Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-357, April.
- Robert E. Hall, 1981. "Intertemporal Substitution in Consumption," NBER Working Papers 0720, National Bureau of Economic Research, Inc.
- Ronald Lee, 2003. "The Demographic Transition: Three Centuries of Fundamental Change," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 167-190, Fall.
- David M. Cutler & Mark McClellan & Joseph P. Newhouse & Dahlia Remler, 1998. "Are Medical Prices Declining? Evidence from Heart Attack Treatments," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 991-1024.
- Viscusi, W Kip & Aldy, Joseph E, 2003.
"The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World,"
Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
- W. Kip Viscusi & Joseph E. Aldy, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," NBER Working Papers 9487, National Bureau of Economic Research, Inc.
- Irving Shapiro & Matthew D. Shapiro & David Wilcox, 2001. "Measuring the value of Cataract Surgery," NBER Chapters, in: Medical Care Output and Productivity, pages 411-438, National Bureau of Economic Research, Inc.
- Louis Kaplow, 2005.
"The Value of a Statistical Life and the Coefficient of Relative Risk Aversion,"
Journal of Risk and Uncertainty, Springer, vol. 31(1), pages 23-34, July.
- Louis Kaplow, 2003. "The Value of a Statistical Life and the Coefficient of Relative Risk Aversion," NBER Working Papers 9852, National Bureau of Economic Research, Inc.
- Orley Ashenfelter & Michael Greenstone, 2004.
"Using Mandated Speed Limits to Measure the Value of a Statistical Life,"
Journal of Political Economy, University of Chicago Press, vol. 112(S1), pages 226-267, February.
- Ashenfelter, Orley & Greenstone, Michael, 2002. "Using Mandated Speed Limits to Measure the Value of a Statistical Life," IZA Discussion Papers 571, Institute of Labor Economics (IZA).
- Orley Ashenfelter & Michael Greenstone, 2002. "Using Mandated Speed Limits to Measure the Value of a Statistical Life," NBER Working Papers 9094, National Bureau of Economic Research, Inc.
- Orley Ashenfelter & Michael Greenstone, 2002. "Using Mandated Speed Limits to Measure the Value of a Statistical Life," Working Papers 842, Princeton University, Department of Economics, Industrial Relations Section..
- Charles I. Jones, 2002. "Why Have Health Expenditures as a Share fo GDP Risen So Much?," NBER Working Papers 9325, National Bureau of Economic Research, Inc.
- Joseph P. Newhouse, 1992. "Medical Care Costs: How Much Welfare Loss?," Journal of Economic Perspectives, American Economic Association, vol. 6(3), pages 3-21, Summer.
- Ehrlich, Isaac & Chuma, Hiroyuki, 1990. "A Model of the Demand for Longevity and the Value of Life Extension," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 761-782, August.
- repec:reg:rpubli:282 is not listed on IDEAS
- Dan Usher, 1973. "An Imputation to the Measure of Economic Growth for Changes in Life Expectancy," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 193-232, National Bureau of Economic Research, Inc.
- Donald S. Shepard & Richard J. Zeckhauser, 1984. "Survival versus Consumption," Management Science, INFORMS, vol. 30(4), pages 423-439, April.
- Milton Moss, 1973. "The Measurement of Economic and Social Performance," NBER Books, National Bureau of Economic Research, Inc, number moss73-1, December.
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.- Robert E. Hall & Charles I. Jones, 2005. "The value of life and the rise in health spending," Proceedings, Federal Reserve Bank of San Francisco.
- Charles I. Jones, 2016.
"Life and Growth,"
Journal of Political Economy, University of Chicago Press, vol. 124(2), pages 539-578.
- Charles I. Jones, 2011. "Life and Growth," NBER Working Papers 17094, National Bureau of Economic Research, Inc.
- Alberini, Anna & Chiabai, Aline, 2007.
"Urban environmental health and sensitive populations: How much are the Italians willing to pay to reduce their risks?,"
Regional Science and Urban Economics, Elsevier, vol. 37(2), pages 239-258, March.
- Anna Alberini & Aline Chiabai, 2005. "Urban Environmental Health and Sensitive Populations: How Much are the Italians Willing to Pay to Reduce Their Risks?," Working Papers 2005.105, Fondazione Eni Enrico Mattei.
- Anna Alberini & Aline Chiabai, 2006. "Urban Environmental Health and Sensitive Populations: How Much Are the Italians Willing to Pay to Reduce Their Risks?," ERSA conference papers ersa06p293, European Regional Science Association.
- Ryan Edwards, 2013.
"The cost of uncertain life span,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1485-1522, October.
- Ryan D. Edwards, 2008. "The Cost of Uncertain Life Span," NBER Working Papers 14093, National Bureau of Economic Research, Inc.
- Kuhn, Michael & Frankovic, Ivan & Wrzaczek, Stefan, 2017.
"Medical Progress, Demand for Health Care, and Economic Performance,"
VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking
168249, Verein für Socialpolitik / German Economic Association.
- Frankovic, Ivan & Kuhn, Michael & Wrzaczek, Stefan, 2017. "Medical progress, demand for health care, and economic performance," ECON WPS - Working Papers in Economic Theory and Policy 08/2017, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
- Antoine Bommier & Bertrand Villeneuve, 2012.
"Risk Aversion and the Value of Risk to Life,"
Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 79(1), pages 77-104, March.
- Antoine Bommier & Bertrand Villeneuve, 2004. "Risk Aversion and the Value of Risk to Life," CESifo Working Paper Series 1267, CESifo.
- Antoine Bommier & Bertrand Villeneuve, 2010. "Risk Aversion and the Value of Risk to Life," CER-ETH Economics working paper series 10/133, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Antoine Bommier & Bertrand Villeneuve, 2012. "Risk Aversion and the Value of Risk to Life," Post-Print hal-01685924, HAL.
- Bommier, Antoine & Villeneuve, Bertrand, 2008. "Risk Aversion and the Value of Risk to Life," MPRA Paper 11943, University Library of Munich, Germany.
- Daniel Cerqueira & Rodrigo R. Soares, 2016.
"The Welfare Cost of Homicides in Brazil: Accounting for Heterogeneity in the Willingness to Pay for Mortality Reductions,"
Health Economics, John Wiley & Sons, Ltd., vol. 25(3), pages 259-276, March.
- Daniel R.C. Cerqueira & Rodrigo R. Soares, 2012. "The Welfare Cost of Homicides in Brazil: Accounting for Heterogeneity in the Willingness to Pay for Mortality Reductions," Textos para discussão 600, Department of Economics PUC-Rio (Brazil).
- Cordoba, Juan Carlos & Ripoll, Marla, 2012.
"Life, Death and World Inequality,"
Staff General Research Papers Archive
34945, Iowa State University, Department of Economics.
- Juan Cordoba & Marla Ripoll, 2012. "Life, Death and World Inequality," 2012 Meeting Papers 925, Society for Economic Dynamics.
- Cordoba, Juan Carlos & Ripoll, Marla, 2012. "Life, death and world inequality," ISU General Staff Papers 201203010800001066, Iowa State University, Department of Economics.
- Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2005.
"The Quantity and Quality of Life and the Evolution of World Inequality,"
American Economic Review, American Economic Association, vol. 95(1), pages 277-291, March.
- Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2003. "The Quantity and Quality of Life and the Evolution of World Inequality," NBER Working Papers 9765, National Bureau of Economic Research, Inc.
- Becker, Gary S., 2004. "The Quantity and Quality of Life and the Evolution of World Inequality," Working Papers 192, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Cameron, Trudy Ann & DeShazo, J.R., 2013. "Demand for health risk reductions," Journal of Environmental Economics and Management, Elsevier, vol. 65(1), pages 87-109.
- Oliver Fritz & Peter Mayerhofer & Reinhard Haller & Gerhard Streicher & Florian Bachner & Herwig Ostermann, 2013. "Die regionalwirtschaftlichen Effekte der österreichischen Krankenanstalten," WIFO Studies, WIFO, number 46672.
- Shaun M. Da Costa, 2020. "The impact of the Ebola crisis on mortality and welfare in Liberia," Health Economics, John Wiley & Sons, Ltd., vol. 29(12), pages 1517-1532, December.
- James K. Hammitt, 2020.
"Valuing mortality risk in the time of COVID-19,"
Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 129-154, October.
- Hammitt, James K., 2020. "Valuing mortality risk in the time of covid-19," TSE Working Papers 20-1115, Toulouse School of Economics (TSE).
- Anupam Jena & Casey Mulligan & Tomas J. Philipson & Eric Sun, 2008. "The Value of Life in General Equilibrium," NBER Working Papers 14157, National Bureau of Economic Research, Inc.
- Stefan Felder, 2006. "Lebenserwartung, medizinischer Fortschritt und Gesundheitsausgaben: Theorie und Empirie," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 7(s1), pages 49-73, May.
- Rodrigo R. Soares, 2003. "The Welfare Cost of Violence (New Version: Corrected Calculations)," Law and Economics 0312003, University Library of Munich, Germany, revised 13 Sep 2004.
- Birchenall, Javier A. & Soares, Rodrigo R., 2009.
"Altruism, fertility, and the value of children: Health policy evaluation and intergenerational welfare,"
Journal of Public Economics, Elsevier, vol. 93(1-2), pages 280-295, February.
- Javier A. Birchenall & Rodrigo R. Soares, 2007. "Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare," NBER Working Papers 12836, National Bureau of Economic Research, Inc.
- Javier Birchenall & Rodrigo Reis Soares, 2007. "Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare," Textos para discussão 537, Department of Economics PUC-Rio (Brazil).
- Birchenall, Javier A. & Soares, Rodrigo R., 2007. "Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare," IZA Discussion Papers 2783, Institute of Labor Economics (IZA).
- Ruediger Rackwitz, 2004. "Optimal and Acceptable Technical Facilities Involving Risks," Risk Analysis, John Wiley & Sons, vol. 24(3), pages 675-695, June.
- Henrik Andersson & Nicolas Treich, 2011.
"The Value of a Statistical Life,"
Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 17,
Edward Elgar Publishing.
- Andersson, Henrik & Treich, Nicolas, 2008. "The Value of a Statistical Life," Working Papers 2008:1, Swedish National Road & Transport Research Institute (VTI).
- Henrik Andersson, 2020. "The value of a statistical life," Post-Print hal-03610216, HAL.
- Andersson, Henrik & Treich, Nicolas, 2009. "The Value of a Statistical Life," TSE Working Papers 09-015, Toulouse School of Economics (TSE).
- ANDERSSON Henrik & TREICH Nicolas, 2009. "The Value of a Statistical Life," LERNA Working Papers 09.04.280, LERNA, University of Toulouse.
- Bleichrodt, Han & Eeckhoudt, Louis, 2006.
"Survival risks, intertemporal consumption, and insurance: The case of distorted probabilities,"
Insurance: Mathematics and Economics, Elsevier, vol. 38(2), pages 335-346, April.
- H. Bleichrodt & L. Eeckhoudt, 2006. "Survival risks, intertemporal consumption, and insurance: The case of distorted probabilities," Post-Print hal-00199632, HAL.
More about this item
JEL classification:
- I1 - Health, Education, and Welfare - - Health
- E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HEA-2004-09-30 (Health Economics)
- NEP-IAS-2004-09-30 (Insurance Economics)
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:nbr:nberwo:10737. 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://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.