Hideki, HASHIMOTO; Hidehiko, ICHIMURA; Satoshi, SHIMIZUTANI - Research Institute of Economy, Trade and Industry (RIETI) - 2013
This study explores stability of preference against aging and health shocks. Contrary to a vast amount of literature assuming that risk attitude is unchanged over time, we utilize JSTAR (Japanese Study of Aging and Retirement), which provides longitudinal data on the middle aged and elderly...