Has the world become a richer, healthier and fairer place to live? Inspired by recent Nobel laureate Angus Deaton, our aspiration is to study this research question by thinking about wealth, health and inequality within the same unified framework.
It is well researched that as the economy of a country improves, so does the health of its citizens. What is less understood is whether the opposite is also true – improving national health may result in economic growth and improved wealth through a variety of channels, for instance there will be more people able to conduct effective activities in the work force.
The main research ambition is to carefully analyze the historical and ongoing patterns behind the health and wealth of individuals and nations in order to identify the reasons why some are left behind.
A short list of potential interdisciplinary research topics include: Measurements of health, wellbeing and inequality at different aggregation levels; Health and labor productivity, labor supply and retirement age; Causes of mortality and the implications for long run economic growth; Incentives and effectiveness of selected policy instruments such as, for example the fat tax; and Longevity risk in a richer and healthier population: The economic implications for individuals, for insurance companies and for society.