Showing 1 - 10 of 466
"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10010521497
As growing numbers of retirees reach retirement age with substantial balances in self-directed retirement plans, annuities are likely to become increasingly important instruments for drawing down retirement savings. This study explores recent trends in the pricing of single-premium annuity...
Persistent link: https://www.econbiz.de/10012470938
The 1998 Survey of Consumer Finances provides information on household wealth ownership that can be used to estimate the effect of changing the Unified Estate and Gift Tax Credit on estate tax revenues. The survey also includes data on the prices at which assets were purchased, along with...
Persistent link: https://www.econbiz.de/10012470939
in the past two decades, the most recent in 1995-96. We find that mortality rates for the very young and the elderly … increase or decline less rapidly in crisis years as compared with non-crisis years. In late 1995-96 crisis, mortality rates … 0.4 percent increase in mortality for the elderly and a 0.06 percent increase in mortality for the very young. We find …
Persistent link: https://www.econbiz.de/10012471004
an individual accounts retirement program. I first estimate mortality differentials by gender, race, ethnicity and level … of education using the National Longitudinal Mortality Study and document substantial differences. I then use these …
Persistent link: https://www.econbiz.de/10012471215
The objective of this paper is to find the quantitative importance of some predictors of mortality among the population … including a history of heart attack or cancer, and subjective probabilities of survival. The estimation is based on mortality …-economic indicators and mortality declines with age 13 health indicators are strong predictors of mortality and that the subjective …
Persistent link: https://www.econbiz.de/10012471342
Child injury mortality rates have declined steadily over time and across causes of death. This paper investigates … Mortality Detail Files on the number of child deaths by age, cause, and state and combine this information with data from the … producing health. These results provide a first effort in understanding the dramatic reduction in child injury mortality. They …
Persistent link: https://www.econbiz.de/10012471584
' arises from differences in mortality risk, marital status, risk aversion, and the presence of pre-existing annuities such as …
Persistent link: https://www.econbiz.de/10012471597
cyclical increases in income may raise mortality, even when the long-run effects of income are in the opposite direction. There … is no evidence that recent increases in inequality raised mortality beyond what it would otherwise have been …
Persistent link: https://www.econbiz.de/10012471654
This paper proposes and analyzes a life-cycle model of consumption by couples. The model is considerably more complicated than the standard model for singles because it has to account for the welfare of a surviving spouse. The determinants of consumption are the survival paths of each spouse,...
Persistent link: https://www.econbiz.de/10012471753