EVALUATION OF HEALTH INFLUENCE UPON AN INDIVIDUAL’S INCOME

• Authors: Pauhofová Iveta , Bukharbaeva Liliya , Egorova Yuliya
• Languages of publication: EN

Abstracts

EN

Health is a constituent part of an individual’s human capital. Health is interrelated with other constituent parts of human capital including education and experience determining this capital’s efficiency that is an individual’s income. This study of interrelation between health and future income of an individual resulted in a posteriori estimate of the economic consequences borne by changes in the health of an individual. We paid special attention to building variable-based health indices as their objectivity is crucial to obtaining correct simulation results. The results obtained reveal that good health positively influences future income of an individual.

Keywords

EN

HEALTH STANDARD; INCOME; HUMAN CAPITAL

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2018
• Volume: 66
• Issue: 10
• Pages: 1051 – 1064

Contributors

author

Pauhofová Iveta

• Ekonomický ústav SAV, Šancová 56, 811 05 Bratislava 1, Slovak Republic

author

Bukharbaeva Liliya

author

Egorova Yuliya