Showing 1 - 10 of 35
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … part of the observed disparities in health by SES. In their model, lifestyle factors, working conditions, retirement …, living conditions and curative care are mechanisms through which SES, health and mortality are related. Their model predicts …
Persistent link: https://www.econbiz.de/10008490278
This paper presents a theory of the demand for health, health investment and longevity, building on the human capital … framework for health and addressing limitations of existing models. It predicts a negative correlation between health investment … and health, that the health of wealthy and educated individuals declines more slowly and that they live longer, that …
Persistent link: https://www.econbiz.de/10008833446
There is considerable debate in the literature about the effects of immigration on workers' labor market outcomes. This paper presents a new approach to the analysis of the relationship between immigration and wages based on a panel vector autoregression (VAR). The VAR analysis of a panel of US...
Persistent link: https://www.econbiz.de/10008542331
The aim of this study was to understand the potential effects of different information disclosures regarding risk on retirement investing behavior. The authors developed and tested two modifications to the section on investment performance on the prototype DOL Model Comparative Chart, providing...
Persistent link: https://www.econbiz.de/10008677821
Previous empirical literature has found a sharp decline in consumption during the first years of retirement implying that individuals do not save enough for their retirement. This phenomenon has been called the retirement consumption puzzle. In contrast to some of the previous studies, the...
Persistent link: https://www.econbiz.de/10005526916
Over the past few decades, risks associated with providing for financial security in retirement have increasingly shifted from employers to employees as employer-provided pensions have shifted from defined-benefit to defined-contribution (DC) plans. Recent work in behavioral finance suggests...
Persistent link: https://www.econbiz.de/10005526940
Euler equation estimation of intertemporal consumption models imposes heavy demands on data and identifiability conditions. For example, one typically needs panel data on consumption, assumptions on expectations, and a parameterization of preferences. The authors aim at reducing some of these...
Persistent link: https://www.econbiz.de/10005526944
Many countries are including personal retirement accounts (PRAs) as part of their social security systems. PRA systems boost private savings at the macro level by converting a government financial liability into private wealth. At the micro level, however, crowing-out effects on household...
Persistent link: https://www.econbiz.de/10005526954
of life may represent a significant motive for saving. The authors use longitudinal data from the Health and Retirement … transfers change in response to changes in marital status, economic status and health. Their empirical analysis is motivated by …
Persistent link: https://www.econbiz.de/10005526957
health is associated with above-average declines. At retirement time spent in activities that could substitute for market …
Persistent link: https://www.econbiz.de/10005526964