Health and ( other ) asset holdings ∗

@inproceedings{Hugonnier2009HealthA,
  title={Health and ( other ) asset holdings ∗},
  author={Julien Hugonnier and Florian Pelgrin and Pascal St-Amour},
  year={2009}
}
Despite clear evidence of correlations between financial and medical statuses and decisions, most models treat financial and health-related choices separately. This paper bridges this gap by proposing a tractable dynamic framework for the joint determination of optimal consumption, portfolio holdings, health investment and health insurance. We solve for the optimal rules in closed form and capitalize on this tractability to gain a better understanding of the conditions under which separation… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.

References

Publications referenced by this paper.
SHOWING 1-10 OF 74 REFERENCES

The effect of uncertainty on the demand for medical care, health capital and wealth.

  • Picone, Gabriel, Mart́ın Uribe, R. Mark Wilson
  • Journal of Health Economics 17(2),
  • 1998
Highly Influential
5 Excerpts

Estimating intertemporal allocation parameters using synthetic residual estimation.

  • Alan, Sule, Martin Browning
  • Review of Economic Studies 77(4),
  • 2010
1 Excerpt

The risk of outof-pocket health care expenditure at end of life.

  • Marshall, Samuel, Kathleen M. McGarry, Jonathan S. Skinner
  • Working paper 16170,
  • 2010
1 Excerpt

Similar Papers

Loading similar papers…