constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying …There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. The structural model …

We analyze the effect of economic conditions early in life on individual mortality rate later in life, using business … indicators. We correct for secular changes over time and other mortality determinants. We nonparametrically compare those born in … a recession to those born in the preceding boom, and we estimate duration models where the individual's mortality rate …

Since the end of the eighties the Becker and Murphy model of rational addiction has been the dominant approach to … estimate addiction effects. A rational addictive consumer, a smoker for instance, is supposed to maximize over the life cycle a … stable utility function and to be fully aware of the future consequences of her addiction and chooses to be an addicted …

the number of drugs to treat a disease, not the number of drug classes. Pharmaceutical innovation also reduced hospital …