Household Production and Health
Michael Grossman
Review of Economics of the Household, 2003, vol. 1, issue 4, 342 pages
Abstract:
This paper highlights the influence of the new home economics in general and Jacob Mincer's work in particular on the field of health economics. I begin by considering the value of time as a determinant of adult health and medical care utilization. I then turn to a similar treatment in the case of children's health and medical care utilization. I conclude with alternative explanations of the positive relationship between years of formal schooling completed and health, a topic that deals with complementary relationships between the two most important components of the stock of human capital. Copyright Kluwer Academic Publishers 2003
Keywords: new home economics; health economics (search for similar items in EconPapers)
Date: 2003
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Chapter: Household Production and Health (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:reveho:v:1:y:2003:i:4:p:331-342
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DOI: 10.1023/B:REHO.0000004793.86020.75
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