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The International Cross-Section of Pandemic Responses and the Income Elasticity of the Perceived Dollar Value of a Life

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By the way, it would be strange if the $ value people put on their lives *didn't* go up more than proportionately with income and consumption. The total attractiveness in utils of one's own life should go up a bit with income, but much more importantly, ...

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By the way, it would be strange if the $ value people put on their lives *didn't* go up more than proportionately with income and consumption. The total attractiveness in utils of one's own life should go up a bit with income, but much more importantly, ...

Miles Kimball
Miles Kimball is Professor of Economics and Survey Research at the University of Michigan. Politically, Miles is an independent who grew up in an apolitical family. He holds many strong opinions—open to revision in response to cogent arguments—that do not line up neatly with either the Republican or Democratic Party.

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