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stock measure of human capital combining the quality and quantity of education and adult skills, this paper suggests that …
Persistent link: https://www.econbiz.de/10014347356
education (not considered here) would inflate them. Policies aimed at improving the quality of education and adult training will …
Persistent link: https://www.econbiz.de/10014356978
20 years ago, Zweifel, Felder and Meier (1999) established the by now famous "red-herring" hypothesis, according to which population ageing does not lead to an increase in per capita health care expenditures (HCE) because the observed positive correlation between age and health care expenditures...
Persistent link: https://www.econbiz.de/10012858634
domain that depart from the income domain, and discusses its implementation in health system priority-setting decisions. We … estimates from the literature are unclear. Unlike the income-inequality literature, standard approaches in the health …-economics do not follow a ‘veil-of-ignorance’ approach and elicit mostly bivariate (income-related health) inequality aversion …
Persistent link: https://www.econbiz.de/10012892077
One of the most important controversies in health economics concerns the question whether the imminent aging of the population in most OECD countries will place an additional burden on the tax payers who finance public health care systems. Proponents of the "red-herring hypothesis" argue that...
Persistent link: https://www.econbiz.de/10012836935
We study the optimal long-term care policy when informal care can be provided by children in exchange for monetary transfers by their elderly parents. We consider a bargaining model with single-child families. Daughters have a lower labor market wage and a lower bargaining power within the...
Persistent link: https://www.econbiz.de/10014078677
European countries. Occupational groups are classified according to low vs. high education, blue vs. white collar color, and …
Persistent link: https://www.econbiz.de/10013323092
What political legacy is bequeathed by national health crises such as epidemics? We show that epidemic exposure in an individual’s “impressionable years” (ages 18 to 25) has a persistent negative effect on confidence in political institutions and leaders. The effect is specific to the...
Persistent link: https://www.econbiz.de/10013232409
It is sometimes said that an effect of the COVID-19 pandemic will be heightened appreciation of the importance of scientific research and expertise. We test this hypothesis by examining how exposure to previous epidemics affected trust in science and scientists. Building on the “impressionable...
Persistent link: https://www.econbiz.de/10013246461
We develop a novel approach integrating epidemiological and economic models that allows databased simulations during a pandemic. We examine the economically optimal opening strategy that can be reconciled with the containment of a pandemic. The empirical evidence is based on data from Germany...
Persistent link: https://www.econbiz.de/10013298190