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Life Expectancy and Income Convergence in the World.

There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer life much more than material happiness, the world living standards may this have already converged substantially. This paper introduces the concept of the dynastic general equilibri...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Ueda, Kenichi
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2008.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Life Expectancy and Income Convergence in the World. 
260 |a Washington :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (36 pages) 
336 |a text  |b txt  |2 rdacontent 
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490 1 |a IMF Working Papers 
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505 0 |a I. Introduction; II. Model and Quantitative Results; A. Technology and Preference; B. Representative Agent; C. Neutrality of Longevity under Neoclassical Assumptions; D. Positive Value of Life with Costly Human Capital Transfer; III. Quantitative Assessment; A. Computable Form; B. Benchmark Parameter Values; C. Dynastic General Equilibrium Value of Life; D. Sensitivity Analysis; E. Income Convergence; IV. Case and Imperfect Altruism; V. Concluding Remarks; Reference; Figures; 1. Evolution of Life Expectancy; Tables; 1. Parameter Values; 2. Benchmark Quantitative Assessment. 
505 8 |a 3. Sensitivity Analysis4. Convergence of Income and Full Incom; Appendices; I. Solutions; A. Optimal H/K Ratio; B. Euler Equation; II. Imperfect Altruism Case; A. Proof of Proposition 2; B. Proof of Proposition 3. 
520 |a There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer life much more than material happiness, the world living standards may this have already converged substantially. This paper introduces the concept of the dynastic general equilibrium value of life to measure welfare gains from the increase in life expectancy. A calibration study finds sizable welfare gains, but these gains hardly mitigate the large inequality among countries. A conventional GDP-based measure remains a good approximation for (non) convergence in world living s. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Life expectancy  |x Econometric models. 
650 0 |a Income  |x Econometric models. 
650 0 |a Cost and standard of living  |x Econometric models. 
650 0 |a Convergence (Economics)  |x Econometric models. 
650 6 |a Espérance de vie  |x Modèles économétriques. 
650 6 |a Revenu  |x Modèles économétriques. 
650 6 |a Coût et niveau de la vie  |x Modèles économétriques. 
650 6 |a Rapprochement (Économie)  |x Modèles économétriques. 
650 7 |a Convergence (Economics)  |x Econometric models  |2 fast 
650 7 |a Cost and standard of living  |x Econometric models  |2 fast 
650 7 |a Income  |x Econometric models  |2 fast 
650 7 |a Life expectancy  |x Econometric models  |2 fast 
776 0 8 |i Print version:  |a Ueda, Kenichi.  |t Life Expectancy and Income Convergence in the World:A Dynamic General Equilibrium Analysis.  |d Washington : International Monetary Fund, ©2008  |z 9781451870169 
830 0 |a IMF Working Papers. 
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