couples. In this paper, we quantify the degree of actuarial advantage or disadvantage for individuals whose mortality differs … from the average. We find that at real interest rates close to zero, most households - even those with mortality rates that … historical average, however, singles with mortality that is substantially greater than average do not benefit from delay; however …

markets, focusing on the US, the UK, and Japan. Our results help assess the extent to which life insurers can hedge mortality …

A large literature following Ruhm (2000) suggests that mortality falls during recessions and rises during booms. The … of the relationship between business cycles and mortality are highly sensitive to assumptions related to migration. After … adjusting for migration, we find that mortality increased during the cotton recession, but was largely unaffected by the coal …

assumptions of full annuitization and deterministic health. Our framework can value the prevention of mortality and of illness … illness can significantly increase the value of statistical life, helping to reconcile theory with empirical findings that … add $127 billion to the value of a one percent decline in future mortality …

adult life span is about 15 years in the U.S., and theory and evidence suggest it is costly. I calibrate a utility … component due to infant mortality, has exhibited even more convergence than life expectancy. Sustained reductions in the … total economic value of gains against mortality in the U.S. prior to 1950 but only about 5 percent since …

unchanged. We then link these long-run changes in alcohol consumption patterns to changes in male mortality. The shift from hard … recent decrease in male mortality. Simulations suggest that mortality will continue to decrease by another 23% over the next …

initial wealth at retirement and mortality rates after retirement. I propose a simple but flexible theoretical framework that …