. Specifically, it is assumed that at any age the probability to survive depends on the number of health deficits accumulated. At the … her age but by the number of accumulated health deficits. The stochastic model basically confirms the earlier …

purpose, we use four waves of the Survey of Health, Aging and Retirement in Europe (SHARE dataset) and construct a health …We analyze human aging, understood as health deficit accumulation, for a panel of European individuals. For that ….5 percent more health deficits from one birthday to the next. In non-linear regression (akin to the Gompertz-Makeham model …

biologically-founded life-cycle model of health deficit accumulation and endogenous longevity. We calibrate the model with U …

integrates health in the utility function and utilizes recent estimates on the effects of health on the marginal utility of …

Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … individuals. In this paper we investigate how adaptation to a deteriorating state of health affects health spending, life … adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …

. Specifically, it is assumed that at any age the probability to survive depends on the number of health deficits accumulated. It is … death and a precautionary motive for health investment into account thus further improves a bit the anyway good fit of the …

detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological … state of health affects health spending, life expectancy, and the value of life. In counterfactual computational experiments … lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …

detrimental behavioral responses. We explore this idea in the context of endogenous health and aging. We integrate physiological … state of health affects health spending, life expectancy, and the value of life. In counterfactual computational experiments … lifetime utility, health investments, and longevity. We then use the model to contribute to the literature on information …