EconPapers    
Economics at your fingertips  
 

OPTIMAL AGING AND DEATH: UNDERSTANDING THE PRESTON CURVE

Carl-Johan Dalgaard () and Holger Strulik ()

Journal of the European Economic Association, 2014, vol. 12, issue 3, 672-701

Abstract: Does prosperity lead to greater longevity? If so, what is the strength of the income channel? To address these questions we develop a life cycle model in which households are subject to physiological aging. In modeling aging we draw on recent research in the fields of biology and medicine. The speed of the aging process, and thus the age of death, are endogenously determined by optimal health investments. A calibrated version of the model accounts well for the observed nonlinear cross-country link between longevity and income, also known as the Preston curve.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (72) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1111/jeea.12071 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Optimal Aging and Death: Understanding the Preston Curve (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jeurec:v:12:y:2014:i:3:p:672-701

Access Statistics for this article

Journal of the European Economic Association is currently edited by Fabrizio Zilibotti, Dirk Bergemann, Nicola Gennaioli, Claudio Michelacci and Daniele Paserman

More articles in Journal of the European Economic Association from European Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2019-06-13
Handle: RePEc:bla:jeurec:v:12:y:2014:i:3:p:672-701