This paper introduces endogenous longevity risk in an otherwisestandard overlapping generations model with capital. In the model, an agent mayincrease the length of her old age by incurring investments in her own health fundedfrom her wage income. Such private health investments are more...

This paper presents a twoequationmodel of joint outcomes on an individual’sdecision to binge drink and on his/her annual labor market earnings. The primary data source isthe 1979 cohort of the National Longitudinal Survey of Youth (NLSY79), 19791994.We showthat binge drinking behavior is quite...