Browse IFS
Publication types
IFS event
Health and wealth in a lifecycle model
Next_event
Date: 12:30 26 April 2010 - 13:45 26 April 2010
Type: Public Economics Seminar
Venue: Institute for Fiscal Studies  [see map]
Price: members: Free; nonmembers: Free

This paper presents a model of health investments over the life cycle. Health affects both longevity and provides flow utility. We analyze the interplay between consumption choices and investments in health by solving each household's dynamic optimization problem to obtain predictions on health investments and consumption choices over the lifecycle. Our model does a good job of matching the distribution of medical expenses across the households in the sample. We use the model to examine the effects of several policies on patterns of wealth and mortality.

If you would like to book a place or have any queries about this event, please contact our events team.
Events

The following links should give you any extra information you may need with regard to IFS events.

Speakers