Hosseini, Roozbeh; Kopecky, Karen A.; Zhao, Kai - 2021
. Calibrating the model to the United States, we find that health inequality is an important source of lifetime earnings inequality …Using a dynamic panel approach, we provide empirical evidence that negative health shocks reduce earnings. The effect … health. We build a dynamic, general equilibrium, life cycle model that is consistent with these findings. In the model …