The Value of Health and Longevity

By Kevin M. Murphy, R. Topel. Journal of Political Economy, 2006

951 citations recorded by the source corpus.

Subfields: Demography, Economics and Econometrics, General Health Professions

View Paper: https://www.semanticscholar.org/paper/83fc49b6defe263b7c1bda8aaffc6a9e10858dfc

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Citations in the corpus

Disappointing poverty trends: is the social investment state to blame? (2011, background): “Given the importance individuals attach to healthy life years, increased healthcare spending may well be the most important source of budgetary pressure facing welfare states in the future (Hall and Jones, 2007; Murphy and Topel, 2006).”
Life expectancy and economic growth: the role of the demographic transition (2011, neutral): “2 Beyond the effect of life expectancy on income, reductions in mortality may increase individual well being directly by extending the lifetime horizon or the quality of life, as investigated, e.g., by Becker et al. (2005 )o r Murphy and Topel (2006) .”
The Long-Run Discount Rate Controversy (2014, methodology): “Newell and Pizer (2003, 2004) and Groom, Koundouri, Panopoulou and Pantelidis, (2007) have calibrated this model by using long time series of interest rates in different countries.”
From Fog to Smog: the Value of Pollution Information (2019, background): “…ratio between China and U.S., the VSL for population in China amounts to RMB 1.3 million (in 2015).43 Based on the age adjustment suggested by Murphy and Topel (2006), the average age-adjusted VSL is estimated to be RMB 0.49 million for individuals 60 and above, among whom the mortality…”
Adjusting the Value of a Statistical Life for Age and Cohort Effects (2008, methodology): “Recent numerical modeling by Murphy and Topel (2006) yields a very similar life cycle VSLY pattern as what we have found here, reflecting the decline in consumption and health with age in their model.”
Sustainability and the measurement of wealth (2012, neutral): “19 Our approach is an extension of approaches taken by Nordhaus (2002) and Becker et al.”