Arbeitspapier
Approaches to estimating the health state dependence of the utility function
If the marginal utility of consumption depends on health status, this will affect the economic analysis of a number of central problems in public finance, including the optimal structure of health insurance and optimal life cycle savings. In this paper, we describe the promises and challenges of various approaches to estimating the effect of health on the marginal utility of consumption. Our basic conclusion is that while none of these approaches is a panacea, many offer the potential to shed important insights on the nature of health state dependence.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 3925
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
- Thema
-
State dependence
health
insurance
marginal utility
Nutzenfunktion
Gesundheit
Konsumtheorie
Zeitpräferenz
Krankenversicherung
Lebenszyklus
Hysteresis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Finkelstein, Amy
Luttmer, Erzo F.P.
Notowidigdo, Matthew J.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2009
- Handle
- URN
-
urn:nbn:de:101:1-20090119213
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Finkelstein, Amy
- Luttmer, Erzo F.P.
- Notowidigdo, Matthew J.
- Institute for the Study of Labor (IZA)
Entstanden
- 2009
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