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Persistent link: https://www.econbiz.de/10001570013
The fact that most eldealy individuals in the United States choose to maintain a flat age-wealth profile, rather than buy individual life annuities, stands in contrast to central implications of the standard life-cycle model of consumption-saving behavior. The analysis in this paper lends...
Persistent link: https://www.econbiz.de/10012477398
In this paper, we examine several aspects of saving and dissaving after retirement. First, we argue that existing evidence on bequeathable age-wealth profiles is suspect, and provide new evidence based on longitudinal data indicating that significant dissaving may occur,particularly among single...
Persistent link: https://www.econbiz.de/10012477680
be earning shared-savings bonuses by selecting for lower-risk patients or providers with lower-risk panels. We conducted … three sets of analyses to examine risk selection in the Medicare Shared Savings Program. First, we estimated overall MSSP … savings through 2015 using a difference-in-differences approach and methods that eliminated selection bias from ACO program …
Persistent link: https://www.econbiz.de/10012480347
We define saving regret as the wish in hindsight to have saved more earlier in life. We measured saving regret and possible determinants in a survey of a probability sample of those aged 60-79. We investigate two main causes of saving regret: procrastination along with other psychological...
Persistent link: https://www.econbiz.de/10012480889
In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...
Persistent link: https://www.econbiz.de/10012481942
In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of this paper, virtually all previous studies as well as the...
Persistent link: https://www.econbiz.de/10012463048
life expectancy related to observable factors such as income, gender, and health have large effects on savings, and that …
Persistent link: https://www.econbiz.de/10012463996
In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of this paper, all previous studies as well as the newly...
Persistent link: https://www.econbiz.de/10012466314
Medicaid policy variables that differ across states have a significant but small effect on the savings decisions of the elderly …
Persistent link: https://www.econbiz.de/10012466461