TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW ACTUALLY, A DURABLE GOOD: LONG-LASTING VALUE.

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Presentation transcript:

TREATED AS CONSUMPTION: HERE NOW, GONE TOMORROW ACTUALLY, A DURABLE GOOD: LONG-LASTING VALUE

 The Value of Health and Longevity The Value of Health and Longevity Murphy & Topel National Bureau of Economic Research, 2005  The Value of Medical Spending in the US The Value of Medical Spending in the US Cutler et al New England Journal of Medicine, 2002  Are Medical Prices Declining: Evidence from Heart Attack Treatments Are Medical Prices Declining: Evidence from Heart Attack Treatments Cutler & McClellan Quarterly Journal of Economics, 1998