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Cognitive ability and the mortality gradient by education : selection or mediation?

Bijwaard, Govert; Jones, Andrew M. - 2016

Large differences in mortality rates across those with different levels of education are a well- established fact. This … association between mortality and education may partly be explained by confounding factors, including cognitive ability. Cognitive … the impact of education on mortality using inverse probability weighted (IPW) estimators, using either cognitive ability …

Persistent link: https://www.econbiz.de/10011454345

Premature deaths, accidental bequests and fairness

Fleurbaey, Marc; Leroux, Marie-Louise; Pestieau, Pierre; … - 2017

While little agreement exists regarding the taxation of bequests in general, there is a widely held view that accidental bequests should be subject to a confiscatory tax. We propose to reexamine the optimal taxation of accidental bequests in an economy where individuals care about what they...

Persistent link: https://www.econbiz.de/10011778698

A unique bond : twin bereavement and lifespan associations of identical and fraternal twins

Berg, Gerard J. van den; Drepper, Bettina - 2018

Empirical analyses of twin mortality often use models with dependent unobserved frailty terms capturing genetic and … childhood environmental determinants. This ignores that mortality rates can be co-dependent due to bereavement effects, i.e. to … a time-dependent causal effect of the loss of the co-twin on the mortality rate of the surviving twin. We develop a …

Persistent link: https://www.econbiz.de/10011842124

Fair long-term care insurance

Leroux, Marie-Louise; Pestieau, Pierre; Ponthière, Grégory - 2019

The study of optimal long-term care (LTC) social insurance is generally carried out under the utilitarian social criterion, which penalizes individuals who have a lower capacity to convert resources into well-being, such as dependent elderly individuals or prematurely dead individuals. This...

Persistent link: https://www.econbiz.de/10012024401

Persistence in UK historical data on life expectancy

Caporale, Guglielmo Maria; Infante, Juan; Rio, Marta del; … - 2023

This paper provides estimates of persistence in historical UK data on life expectancy applying fractional integration methods to both an annual series from 1842 to 2019 and a 5-year average from 1543 to 2019. The results indicate that the former exhibits an upward trend and is persistent but...

Persistent link: https://www.econbiz.de/10013550208

Redistribution with unequal life expectancy

Köhne, Sebastian - 2023

This paper introduces life expectancy inequality into a tractable Mirrleesian life-cycle model and characterizes the optimal income tax policy using theory and calibration. A positive association between life expectancy and income counteracts the well-known static pattern of declining marginal...

Persistent link: https://www.econbiz.de/10014382962

Life expectancy and the environment

Mariani, Fabio; Pérez-Barahona, Agustín; Raffin, Natacha - 2009

We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...

Persistent link: https://www.econbiz.de/10003918946

Economic growth and longevity risk with adverse selection

Heijdra, Ben J.; Reijnders, Laurie S. M. - 2009

external effects. Individual agents differ in terms of their mortality profile. At birth, nature assigns a health status to …

Persistent link: https://www.econbiz.de/10003923599

The tragedy of annuitization

Heijdra, Ben J.; Mierau, Jochen O.; Reijnders, Laurie S. M. - 2010

We construct a tractable discrete-time overlapping generations model of a closed economy and use it to study government redistribution of accidental bequests and private annuities in general equilibrium. Individuals face longevity risk as there is a positive probability of passing away before...

Persistent link: https://www.econbiz.de/10003994548

Accounting for the rise of health spending and longevity

Fonseca, Raquel; Michaud, Pierre-Carl; Kapteyn, Arie; … - 2013

We estimate a stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and longevity in the U.S. over the period 1965-2005. We estimate that technological change and the increase in the...

Persistent link: https://www.econbiz.de/10010191296