What Good Is Wealth Without Health? The Effect of Health on the Marginal Utility of Consumption
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We estimate how the marginal utility of consumption varies with health. To do so, we develop a simple model in which the impact of health on the marginal utility of consumption can be estimated from data on permanent income, health, and utility proxies. We estimate the model using the Health and
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美国国家经济研究局创建时间：
2008-06-01
