Health, education, and life cycle savings in the development process.(Author abstract): An article from: Economic Inquiry
Book Details
Author(s)Kam Ki Tang, Jie Zhang
PublisherThomson Gale
ISBN / ASINB000ZKNOL2
ISBN-13978B000ZKNOL2
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Economic Inquiry, published by Thomson Gale on July 1, 2007. The length of the article is 10640 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the author: This paper studies investment in health and human capital in a life cycle model. Health investment enhances survival to old age by improving health from its endowed level. The model predicts two distinctive phases of development. When income is low enough, the economy has no health investment and little savings, leading to slow growth. When income grows, health investment will become positive and the saving rate will rise, leading to higher life expectancy, and faster growth. A health subsidy can move the economy from the first phase to the next. Subsidies on health and human capital investments can improve welfare. (JEL I00, J10, H50, O10)
Citation Details
Title: Health, education, and life cycle savings in the development process.(Author abstract)
Author: Kam Ki Tang
Publication:Economic Inquiry (Magazine/Journal)
Date: July 1, 2007
Publisher: Thomson Gale
Volume: 45 Issue: 3 Page: 615(16)
Article Type: Author abstract
Distributed by Thomson Gale
From the author: This paper studies investment in health and human capital in a life cycle model. Health investment enhances survival to old age by improving health from its endowed level. The model predicts two distinctive phases of development. When income is low enough, the economy has no health investment and little savings, leading to slow growth. When income grows, health investment will become positive and the saving rate will rise, leading to higher life expectancy, and faster growth. A health subsidy can move the economy from the first phase to the next. Subsidies on health and human capital investments can improve welfare. (JEL I00, J10, H50, O10)
Citation Details
Title: Health, education, and life cycle savings in the development process.(Author abstract)
Author: Kam Ki Tang
Publication:Economic Inquiry (Magazine/Journal)
Date: July 1, 2007
Publisher: Thomson Gale
Volume: 45 Issue: 3 Page: 615(16)
Article Type: Author abstract
Distributed by Thomson Gale
