Life Expectancy and Income Convergence in the World : A Dynamic General Equilibrium Analysis

A Dynamic General Equilibrium Analysis

Life Expectancy and Income Convergence in the World : A Dynamic General Equilibrium Analysis
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... READ MORE...

Publication date: June 2008
ISBN 9781451870169
$18.00

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