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How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10013122108
We examine the mortality effects of a 1947 school reform in Japan, which extended compulsory schooling from primary to … setting, we fail to find that the reform improved later-life mortality up to the age of 87 years, although it significantly …
Persistent link: https://www.econbiz.de/10014346672
how people use advance information to reduce mortality from heat and cold. Theoretically, more accurate forecasts reduce … mortality if and only if mortality risk is convex in forecast errors. We test for such convexity using data on the universe of … mortality events and weather forecasts for a twelve-year period in the U.S. Results show that erroneously mild forecasts …
Persistent link: https://www.econbiz.de/10014347414
Longer life expectancy can affect individuals' incentives to work, save, and marry, net of any changes in their underlying health. We test this hypothesis by using the sudden arrival of a new treatment in 1995 that dramatically increased life expectancy for HIV-infected individuals. We compare...
Persistent link: https://www.econbiz.de/10014347701
infant mortality. The effect of birth control clinics on puerperal deaths is consistently negative, yet insignificant …
Persistent link: https://www.econbiz.de/10014350643
This study investigates how subjective mortality expectations and heterogeneity in time and risk preferences affect the … information about preferences and subjective mortality expectations from the Health and Retirement Study merged with detailed … choices vary with subjective mortality rates in a way that is consistent with the life cycle model; 2) different answers to …
Persistent link: https://www.econbiz.de/10012760509
event history analysis, childhood mortality is shown to remain very high in the Nairobi informal settlements, especially … HIV AIDS pandemic is the risk factor associated to the mortality among children who have lost their mother. Our study also …
Persistent link: https://www.econbiz.de/10012760631
We examine the effects of a comprehensive school reform on mental health. The reform postponed the tracking of students into vocational and academic schools from age 11 to age 16. The reform was implemented gradually across Finnish municipalities between 1972 and 1977. We use...
Persistent link: https://www.econbiz.de/10012859741
misleading results because the mortality distribution of husbands and wives overlap substantially. To illustrate, consider a wife …
Persistent link: https://www.econbiz.de/10012863785
We go beyond estimating the effect of college attainment on longevity by uncovering the mechanisms behind this effect while controlling for latent skills and unobserved heterogeneity. We decompose the effect with respect to a large set of potential mechanisms, including health behaviors,...
Persistent link: https://www.econbiz.de/10012837324