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cognition for respondents in two developing countries: China and Indonesia, both with very low educated elderly populations … SES and variables measuring community development are added.We find large variation in our cognition measures in both … monotonically and significantly related to higher levels of cognition for all three of the variables we use. The magnitudes of the …
Persistent link: https://www.econbiz.de/10012919329
effects of declines in fine motor skills and cognition are not statistically different across differing occupational job …
Persistent link: https://www.econbiz.de/10013224356
cognitive function and that these improvements in cognition were clinically meaningful. Our results suggest that interventions …
Persistent link: https://www.econbiz.de/10013017084
Medicare Part D provides prescription drug coverage through Medicare approved plans offered by private insurance companies and HMOs. In this paper, we study the role of current prescription drug use and health risks, related expectations, and subjective factors in the demand for prescription...
Persistent link: https://www.econbiz.de/10012759665
This paper summarizes five facts that have emerged from the recent literature on consumption behavior during retirement. Collectively, the recent literature has shown that there is no puzzle with respect to the spending patterns of most households as they transition into retirement. In...
Persistent link: https://www.econbiz.de/10012751625
Consumers need information to compare alternatives for markets to function efficiently. Recognizing this, public … friction--the wedge between the availability of comparative information and consumers' use of it--is inconsequential because … information is readily available and consumers will access this information and make effective choices. We examine the extent of …
Persistent link: https://www.econbiz.de/10013120300
This paper exploits a sharp reduction in patient cost sharing at age 70 in Japan, using a regression discontinuity design to examine its effect on utilization, health, and financial risk arising from out-of-pocket expenditures. Due to the national policy, cost sharing is 60-80 percent lower at...
Persistent link: https://www.econbiz.de/10013071761
Evidence from behavioral economics reveals that decision-making in health care settings can be affected by circumstances and choice architecture. This paper conducts an analysis of choice of private Medicare plans (Medicare Advantage plans) in Miami-Dade County. We provide a detailed description...
Persistent link: https://www.econbiz.de/10013072876
In old age, consumption can fluctuate because of shocks to available resources and because health shocks affect utility from consumption. We find that even temporary drops in income and health are associated with drops in consumption and most of the effect of temporary drops in health on...
Persistent link: https://www.econbiz.de/10013296174
The objective of the work reported in this paper is to find if the consumption data from the six waves of the Retirement History Survey are consistent with the life cycle hypothesis of consumption and to test the importance of a bequest motive for saving. The 12 data items which are used cover...
Persistent link: https://www.econbiz.de/10013221873