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A utility based theoretical model for the income-life expectancy curve

Author

Listed:
  • Kaan ÖĞÜT

    (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.

Suggested Citation

  • Kaan ÖĞÜT & Çağlar YURTSEVEN, 2016. "A utility based theoretical model for the income-life expectancy curve," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(606), S), pages 141-150, Spring.
    • Handle: RePEc:agr:journl:v:xxiii:y:2016:i:1(606):p:141-150
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    References listed on IDEAS

    as
    1. Andreoni, James & Levinson, Arik, 2001. "The simple analytics of the environmental Kuznets curve," Journal of Public Economics, Elsevier, vol. 80(2), pages 269-286, May.
    2. Dinda, Soumyananda, 2004. "Environmental Kuznets Curve Hypothesis: A Survey," Ecological Economics, Elsevier, vol. 49(4), pages 431-455, August.
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