This paper proposes a method to evaluate health losses or gains by looking at the impact on well-being of a change in health status. The paper presents estimates of the equivalent income change that would be necessary to change general satisfaction with life to the same extent as a change in...

This paper measures the value of functional capacity improvement from electronic pain treatment among a sample of Dutch workers with peripheral nerve injuries. Randomized clinical trial data and individual medical records from injured workers are compared with administrative data of healthy...

Physicians are key personnel in a sector which is important due to its size as well as the quality of service it provides. We estimate the labor supply of physicians employed at hospitals in Norway, using personnel register data merged with other public records. A dynamic labor supply equation...

Shortage of nurses is a problem in several countries. It is an unsettled question whether increasing wages constitute a viable policy for extracting more labour supply from nurses. In this paper we use a unique matched panel data set of Norwegian nurses covering the period 1993-1998 to estimate...

In the most rational sense, the pursuit of happiness is the end goal of all our actions. Utility, a word used extensively by economists, can be understood as a synonym for life satisfaction or happiness. Industrial societies and contemporary economics have overemphasized the role income plays in...

The formation of human capital is important for a society's welfare and economic success. Recent literature shows that child health can provide an important explanation for disparities in children’s human capital development across different socio-economic groups. While this literature focuses...

Alcohol consumption in Russia is legendary and has been reported to be the third leading cause of death in the former Soviet Union after heart disease and cancer. Are Russian alcohol consumers rational addicts? This paper uses eight rounds of a nationally representative Russian survey spanning...

This paper examines the effect of systematic self-report bias, the non-random deviation between the self-reported and true values of the same measure. This bias may be constant or variable, and can mislead empirical analyses based on descriptive statistics, program evaluation and instrumental...

In a recent research paper, health economists David Cutler and Adriana Lleras-Muney analyze data primarily from the National Health Interview Survey (NHIS), an annual cross-sectional household survey administered by the National Center for Health Statistics (NCHS) at the Centers for Disease...