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Health and Wealth of Nations


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

This book theoretically and empirically examines the relationship between health and wealth. We first model the endogenous interactions between life expectancy and income by modifying a standard overlapping generation model to allow individuals to directly choose their own longevity. The second portion of the book is empirical. We show that income has statistically significant effects on various proxies for health. The results are robust to different ways of controlling for the endogeneity of income: both instrumental variable estimation with external instruments and also generalized method of moments estimation when internal instruments are applied. We also directly test for the causal relationship between income and various proxies for health using three panel Granger causality tests.

Product Specifications
SKU :COC38703
AuthorWeichun Chen
Number of Pages160
Publishing Year10/25/2010
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-01-08 00:00:00