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This paper explores the relationship between education and the evolution of wealth after retirement. Asset growth … following retirement depends in part on health capital and financial capital accumulated prior to retirement, which in turn are … health and financial capital accumulated prior to retirement from the effects of education that impinge directly on asset …
Persistent link: https://www.econbiz.de/10012459970
order to preserve consumption levels after retirement. We find that the median older household has current wealth of …Low saving rates raise questions about Americans' ability to maintain consumption levels in old age. Using the Health … and Retirement Study, this paper explores asset holdings among a nationally representative sample of people on the verge …
Persistent link: https://www.econbiz.de/10012472572
We consider assets when individuals were last observed prior to death in the Health and Retirement Study (HRS) and … individual's asset change between the first and last date of observation, that individual's education and health status when … first observed, and that individual's within-sample changes in health and family composition. We obtain estimates for HRS …
Persistent link: https://www.econbiz.de/10012456987
risky financial portfolios. We find that educational and health attainments of household heads and household wealth lead to …
Persistent link: https://www.econbiz.de/10012814424
Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … period). These findings strongly suggest that the Wealth Decumulation (or Retirement Saving) Puzzle (the tendency of the …In this paper, we use micro data on a large number of European countries from the Survey of Health, Ageing and …
Persistent link: https://www.econbiz.de/10013388826
life expectancy related to observable factors such as income, gender, and health have large effects on savings, and that …
Persistent link: https://www.econbiz.de/10012463996
, because health is not directly measurable and can only be described by indicators such as ADLs and IADLs, it explores a new … econometric approach to model the influence of the latent health status on living arrangements. Second, it exploits the NBER … Economic Supplement of the Longitudinal Study on Aging to investigate the role of housing and financial wealth in the choice of …
Persistent link: https://www.econbiz.de/10012474553
were impaired in the performance of at least one basic activity. It describes their wealth, living arrangements, and health … characteristics. Tobit regressions are presented that relate utilization of hospital services, paid home-health care, and unreimbursed … home-health care utilization in this population are distinct from the factors that have been significant predictors of …
Persistent link: https://www.econbiz.de/10012476740
propensities. We also find that poor health is an important determinant of the drawdown of non-annuity wealth … Social Security benefits for support. Whether persons reach late-life with positive non-annuity wealth depends importantly on … health, which is quite persistent over the life-time. Persons in poor health in old age have a higher …
Persistent link: https://www.econbiz.de/10012460002
"boomerang" back home impact their parents in their pre-retirement and post-retirement years. We use data from the Health and … well as on their wealth, health, and life satisfaction. Event study analysis suggests that boomerang children return home … there any evidence that they affect parents' wealth, health, or life satisfaction …
Persistent link: https://www.econbiz.de/10013537757