Do wealth shocks affect the health of the elderly in developed countries? The economic literature is skeptical about … also matter for the health of wealthy retirees in the US. I exploit the booms and busts in the US stock market as a natural … experiment that generated considerable gains and losses in the wealth of stock-holding retirees. Using data from the Health and …

intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular …