Showing 1 - 10 of 33
Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health … explain heterogeneity in economic behaviour by education and cognitive functioning. Analysis of eight waves of the US Health … probabilities that are less accurate in predicting their in-sample mortality. There is little evidence that the gradients in the …
Persistent link: https://www.econbiz.de/10011275101
We exploit an age discontinuity in a Dutch disability insurance (DI) reform to identify the health impact of stricter … and mortality. A €1,000 reduction in annual benefits leads to a rise of 4.2 percentage points in the probability of being … the hospitalization of men subject to stricter rules but their mortality rate is reduced by 1.2 percentage points. The …
Persistent link: https://www.econbiz.de/10011255744
to linked data from health surveys, tax files and the mortality register to estimate the causal effect of education on …> While there is no doubt that health is strongly correlated with education, whether schooling exerts a causal impact on … health is not yet firmly established. We exploit Dutch compulsory schooling laws in a Regression Discontinuity Design applied …
Persistent link: https://www.econbiz.de/10011257363
are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care …
Persistent link: https://www.econbiz.de/10011257432
This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
Persistent link: https://www.econbiz.de/10011255802
Kahneman and Tversky and their behavioral economics stand in a long tradition of applying mathematics to human behavior. In the seventeenth century, attempts to describe rational behavior in mathematical terms run into problems with the formulation of the St. Petersburg paradox. Bernoulli’s...
Persistent link: https://www.econbiz.de/10011256192
The most important financial source for behavioral economics is the Russell Sage Foundation (RSF). The most prominent behavioral economists among the RSF’s twenty-six member Behavioral Economics Roundtable (BER) are Kahneman, Tversky, Thaler, Camerer, Loewenstein, Rabin, and Laibson. The...
Persistent link: https://www.econbiz.de/10011256865
This paper identifies and estimates the impact of early retirement on the probability to die within five years, using administrative micro panel data covering the entire population of the Netherlands. Among the older workers we focus on, a group of civil servants became eligible for retirement...
Persistent link: https://www.econbiz.de/10011255573
This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments … time preference are not considered simultaneously. We correct for differential mortality risk, risk aversion and …
Persistent link: https://www.econbiz.de/10011255821
dataset for the Netherlands (1998-2007), linking informationabout mortality, health events and lifestyles. We show that …We apply the theory of inequality in opportunity to measure inequity in mortality. Ourempirical work is based on a rich … distinguishing between differentchannels via which mortality is affected is necessary to test the sensitivity of the results …
Persistent link: https://www.econbiz.de/10011256310