nep-hea New Economics Papers
on Health Economics
Issue of 2014‒10‒13
three papers chosen by
Yong Yin
SUNY at Buffalo

  1. Newborn Health and the Business Cycle By Ainhoa Aparicio
  2. Policy for better mental health By Richard Layard
  3. The cost of pollution on longevity, welfare and economic stability By Natacha Raffin; Thomas Seegmuller

  1. By: Ainhoa Aparicio
    Date: 2014–02
  2. By: Richard Layard
    Abstract: Treating mental illness should be a top national priority, especially as proven psychological therapies effectively cost nothing. Richard Layard explains how CEP research has led to a new deal for mental health - but much remains to be done. Mental illness has much greater economic costs than physical illness - but evidence-based ways of treating mental health problems have no net cost to the Exchequer.
    Keywords: mental health, psychological therapy, government policy
    Date: 2014–10
  3. By: Natacha Raffin; Thomas Seegmuller
    Abstract: This paper presents an overlapping generations model where pollution, private and public healths are all determinants of longevity. Public expenditure, financed through labour taxation, provide both public health and abatement. We study the complementarity between the three components of longevity on welfare and economic stability. At the steady state, we show that an appropriate fiscal policy may enhance welfare. However, when pollution is heavily harmful for longevity, the economy might experience aggregate instability or endogenous cycles. Nonetheless, a fiscal policy, which raises the share of public spending devoted to health, may display stabilizing virtues and rule out cycles. This allows us to recommend the design of the public policy that may comply with the dynamic and welfare objectives.
    Keywords: Longevity; Pollution; Welfare; Complex dynamics.
    JEL: J10 O40 Q56 C62
    Date: 2014

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