Kemptner, Daniel - In: Journal of Health Economics 65 (2019), pp. 227-245
employees and an extended expectation-maximization algorithm. Simulations suggest that health shocks induce average losses in …Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks …