I investigate the effect of income on mortality of the pensioners, com- paring three subsequent policy periods in Austria. The pensioners who retired in the second period received 25% lower pension than those in the first period. This reduction in income was removed in the third policy period....

The red herring hypothesis contends that the high health care expenditure in old age is caused by proximity to death rather than calendar age. Dissenters point to longitudinal data and claim that health care expenditure age profiles tend to steepen over time. The present paper tests the...

Die Zahl der professionell zu versorgenden Pflegefälle wird sich bis zum Jahr 2050 voraussichtlich um etwa 270 Prozent erhöhen. Diesem Anstieg der Pflegebedürftigen steht ein zu erwartender Rückgang der Erwerbspersonen um etwa 40 Prozent gegenüber. Unter Zugrundelegung eines...

Currently nearly half of people eligible for long-term care benefits in Germany are receiving informal care by family members. Accounting for the ongoing ageing process of society, an increasing labour participation rate of women and a rising part of old aged living alone, the question is if...

We report evidence of long-term adverse health impacts of in utero exposure to malnutrition based on survivors in their 50s who were born during the China Famine that occurred in the years 1959-1961. We take advantage of recently available data provided by the China Health and Retirement...

Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health, with consequences for wellbeing in old age. Systematic differences in the accuracy of longevity expectations may partly explain heterogeneity in economic behaviour by education...

I investigate the effect of income on mortality of the pensioners, comparing three subsequent policy periods in Austria. The pensioners who retired in the second period received 25% lower pension than those in the first period. This reduction in income was removed in the third policy period....

People may have imperfect information about their health status and thus make suboptimal decisions in insurance participation. Using national representative samples of the elderly in US and China, we find that people with lower socio-economic status and poorer health are relatively less likely...

This paper investigates the mechanisms behind the health effects of retirement. Using a Regression Discontinuity Design to exploit financial incentives in the German pension system for identification, I find that retirement improves subjective health status and mental health, while also reducing...

In this paper we present empirical results concerning the interplay between the development of dependency in activities for daily living (ADL),the informal support from a partner, and the mode of public old age care (OAC) services among the very old (75+). We also study excess-mortality...