Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health … explain heterogeneity in economic behaviour by education and cognitive functioning. Analysis of eight waves of the US Health …

health, work disability, life satisfaction, political efficacy, etc. with the aim of improving interpersonal comparability of … valid under a less stringent assumption. We apply these tests to cognitive functioning and mobility related health problems … using data from the English Longitudinal Survey of Ageing. Response consistency is rejected for both health domains …