Laitner, John; Silverman, Dan; Stolyarov, Dmitriy L. - National Bureau of Economic Research (NBER) - 2014
arising from uninsured health status risks. The model distinguishes between annuitized and non-annuitized wealth, emphasizes …-in-life exchange transactions among relatives. We consider three puzzles in micro data - rising cohort average wealth of retirees, lack …