The Medical Expansion, Life Expectancy, and Endogenous Directed Technical Change
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We build a unified quantitative theory of increasing adult life expectancy and income growth in the last two centuries, and the emergence of a modern health sector in the 20th century. We interpret the data as three phases of a dynamic equilibrium in which households are initially poor, the price of
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美国国家经济研究局创建时间：
2026-04-01
