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As one possible solution to the well-known financing crisis of unfunded social security systems, an increase in the retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between retirement age and benefit level. The present paper is...
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Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His … argument is based on the assumption that women's utility is higher if they are married. Thus, extending the lifespan of men … would benefit women. Using life satisfaction data from the German Socio-Economic Panel Study (SOEP), we conduct an empirical …
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