Showing 1 - 10 of 130
In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...
Persistent link: https://www.econbiz.de/10005405981
We aim to disentangle the relative contributions of (i) cognitive ability, and (ii) education on health and mortality … measures of cognitive ability and family background at age 12. The data are subsequently linked to the mortality register 1995 …-2011, such that we observe mortality between ages 55 and 75. The results suggest that the treatment effect of education (i.e. the …
Persistent link: https://www.econbiz.de/10010877909
changes in fertility and mortality on the developed world’s demographic transition. The model features three regions – the U ….S., Japan, and the EU-15 – and incorporates age- and time-specific fertility and mortality rates, detailed fiscal institutions … economic consequences of both higher fertility and lower mortality rates. The simulations indicate very minor effects on the …
Persistent link: https://www.econbiz.de/10005094438
example, report contradictory effects of education and compulsory schooling on mortality - ranging from zero to large … mortality reductions. Using data from 19 compulsory schooling reforms implemented in Europe during the twentieth century, we … quantify the mean mortality effect and explore its dispersion across gender, time and countries. We find that men benefit from …
Persistent link: https://www.econbiz.de/10009653371
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompanied by some convergence across countries, whereas substantial longevity inequalities persist within nations. The goal of this paper is to survey some crucial implications of changing longevity on...
Persistent link: https://www.econbiz.de/10010693471
This paper investigates to what extent unregulated local monopolies attempt not to evoke the introduction of a formal price regulation by conforming to customers’ and authorities’ expectations. It is argued that utilities can meet expectations by setting prices that imitate neighbours’...
Persistent link: https://www.econbiz.de/10008534016
What determines the structure of labour market institutions? This paper argues that common explanations based on rent sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and...
Persistent link: https://www.econbiz.de/10005181371
expenditure in Sweden, where mean age at death increased by 1.88 years during the period 1997-2010. Pharmaceutical innovation is … utilization in Sweden, so the cost per life-year gained from the introduction of new drugs was quite low. …
Persistent link: https://www.econbiz.de/10010569681
We estimate the effect of binge drinking on accident and emergency attendances, road accidents, arrests, and the number of police officers on duty using a variety of unique data from Britain and a two-sample minimum distance estimation procedure. Our estimates, which reveal sizeable effects of...
Persistent link: https://www.econbiz.de/10011167139
endanger public safety or health. We use time-series and cross-sectional variation in powerful registry data to quantify the …
Persistent link: https://www.econbiz.de/10011265260