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Leibnitz integral rule and its application to the business firm's longevity problem

Gander, James P. - 2020

The paper takes the Leibnitz Integral Rule (LIR) under variable integration limits and demonstrates how it can be applied to a business firm's dynamic problem of determining its optimum level of investment activity, when the longevity (life span) of the investment is itself a variable determined...

Persistent link: https://www.econbiz.de/10012150020

Macroeconomic Dynamics of Health : Lags and Variability in Mortality, Employment and Spending

Getzen, Thomas E. - 2011

ABSTRACT/SYNOPSIS. Medicine is technologically dynamic but fiscally inertial. Major change in the health sector takes time. Responses to macroeconomic shocks are subject to lags of varying lengths, from several years to many decades. There may also be feedback and reverse causality, as when...

Persistent link: https://www.econbiz.de/10014176584

Issues of Selection in Human Survivorship : A Theory of Mortality Change from the Mid-Eighteenth to the Early Twenty First Century

Hansen, Hans Oluf - 2008

Is variation in empirical mortality across populations consistent with a hypothesis of selection? To examine this … proposition an extended frailty mortality model is put forward; incorporating biological frailty; a common non-parametric hazard …, joint for men and women, rep-resenting endogenous mortality in terms of degenerative aging (senescence); and environ …

Persistent link: https://www.econbiz.de/10014215197

Chapter 10. Conflict and Cooperation Within the Family, and Between the State and the Family, in the Provision of Old-Age Security

Cigno, A. - In: Handbook of the economics of population aging : Volume 1, (pp. 609-660). 2016

The early contributions to the microeconomic literature assume that only market goods yield utility, and that the only way adults can secure the consumption of these goods in old age is by saving. The more recent contributions recognize, however, that the elderly derive utility also from goods...

Persistent link: https://www.econbiz.de/10014023481

Inequalities in Life Expectancy

Rosolia, Alfonso - 2012

the relationship between life expectancy and education …

Persistent link: https://www.econbiz.de/10013107380

The Demographic Transition : Causes and Consequences

Galor, Oded - 2012

This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...

Persistent link: https://www.econbiz.de/10013110845

The demographic transition : causes and consequences

Galor, Oded - 2010

and the transition to modern growth -- Demographic transition ; Gender Gap ; Human capital ; Fertility ; Mortality …

Persistent link: https://www.econbiz.de/10008669192

The demographic transition : causes and consequences

Galor, Oded - 2012

and the transition to modern growth. -- demographic transition ; gender gap ; human capital ; fertility ; mortality …

Persistent link: https://www.econbiz.de/10009530744

Longevity Hedge Effectiveness : A Decomposition

Cairns, Andrew - 2020

We use a case study of a pension plan wishing to hedge the longevity risk in its pension liabilities at a future date. The plan has the choice of using either a customised hedge or an index hedge, with the degree of hedge effectiveness being closely related to the correlation between the value...

Persistent link: https://www.econbiz.de/10012832832

A parsimonious model of longevity, fertility, HIV transmission and development

Gori, Luca; Manfredi, Piero; Sodini, Mauro - 2018

A central policy issue in the battle against HIV in Sub-Saharan Africa (SSA) is whether and when high-prevalence countries might become fully autonomous in designing and implementing their own intervention policies aimed to control the disease. The aim of this research is twofold. First, it...

Persistent link: https://www.econbiz.de/10012131225