Theoretical and Applied Economics
No. 1 / 2016 (606), Spring
A utility based theoretical model for the income-life expectancy curve
Bahcesehir University, Besiktas, Istanbul, Turkey
Çağlar YURTSEVEN
Bahcesehir University, Besiktas, Istanbul, Turkey
Abstract. The relationship between income and life expectancy is an established empirical fact, commonly represented by the Preston curve. Although this empirical relationship has been common knowledge for a very long time, there is no theoretical model that explicates the exact dynamic of it. The present paper fills this void by developing a utility based model which successfully estimates the Preston curve.
Keywords: life expectancy, Preston curve, utility model, logistic function, simulation.
Contents
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A time – and frequency – varying approach
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in the European Union
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among the self-employed
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- Long-term effects of the investments dynamics in Romania
in the post-accession period – a regional approach
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- A utility based theoretical model
for the income-life expectancy curve
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Çağlar YURTSEVEN
- Essentials aspects on macroeconomic variables
and their correlations
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- Macroeconomic strategies for the prevention
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- International trade and tourism for Mediterranean countries:
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- Economic freedom index and stock returns in Malaysia
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- How budget deficit and current account deficit
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- Study regarding the influence of the endogenous
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