Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...

This paper identifies health determinants in urban China applying Grossman model. Using wave of China Health and Nutrition Survey in 2000, we find that education has important positive effect on health, and cost of health care services has significantly negative impact. However, effects of wage...

This paper identifies health determinants in urban China applying the Grossman model. Using a wave of China Health and Nutrition Survey in 2000, we find that education has an important positive effect on health, and cost of health care services has a significantly negative impact. However,...

We present a generalized solution to Grossman's model of health capital (1972), relaxing the widely used assumption that individuals can adjust their health stock instantaneously to an "optimalʺ level without adjustment costs. The Grossman model then predicts the existence of a health threshold...

We use administrative data on Swedish lottery players to estimate the causal impact of wealth on players' own health and their children's health and developmental outcomes. Our estimation sample is large,virtually free of attrition, and allows us to control for the factors - such as the number...

Lead pollution is consistently linked to cognitive and behavioral impairments, yet little is known about the benefits of public health interventions for children exposed to lead. This paper estimates the long-term impacts of early-life interventions (e.g. lead remediation, nutritional...

The authors present a generalized solution to Grossman’s model of health capital (1972), relaxing the widely used assumption that individuals can adjust their health stock instantaneously to an “optimal” level without adjustment costs. The Grossman model then predicts the existence of a...

Good health is a determinant of economic growth and a component of the well-being of the population. This chapter discusses and synthesizes economic models of individual and household behavior, showing how the models may be used to illuminate health policy making in low-income countries. The...

In the last decades, demographic change coupled with new and expensive medical innovations have put most health care systems in developed countries under financial pressure. Therefore, ensuring efficient service provision is essential for a sustainable health care system. This paper investigates...