Question
Empirical Application List two reasons why higher life expectancy could lead to higher levels of output per person (Y/L). Suppose you have data on Y,
Empirical Application List two reasons why higher life expectancy could lead to higher levels of output per person (Y/L). Suppose you have data on Y, L, K and T for a large sample of countries, where T denotes life expectancy. You are interested in estimating the causal eect of T on Y/L. What issues do you encounter?
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
