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:
Life expectancy > Econometric models.
Income > Econometric models.
Cost and standard of living > Econometric models.
Convergence (Economics) > Econometric models.
Espérance de vie > Modèles économétriques.
Revenu > Modèles économétriques.
Coût et niveau de la vie > Modèles économétriques.
Rapprochement (Économie) > Modèles économétriques.
Convergence (Economics) > Econometric models
Cost and standard of living > Econometric models
Income > Econometric models
Life expectancy > Econometric models
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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.
  • 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.

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