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We investigate the role of grandparental childcare for fertility decisions of their offspring. Exploiting pension reforms in Italy, we argue that delayed retirement represents a negative shock to the supply of informal childcare for the next generation. We show that, when the maternal...
Persistent link: https://www.econbiz.de/10011283009
In this paper we discuss the state of the literature relating to the decumulation of retirement wealth and the management of retirement incomes. On the one hand, life-cycle models which allow for strong bequest motives and the effects of medical expense risks have been shown to be able to...
Persistent link: https://www.econbiz.de/10012803080
While the savings of retired singles tend to fall with age, those of retired couples tend to rise. We estimate a rich model of retired singles and couples with bequest motives and uncertain longevity and medical expenses. Our estimates imply that while medical expenses are an important driver of...
Persistent link: https://www.econbiz.de/10012583502
Persistent link: https://www.econbiz.de/10012504434
Retired households, especially those with high lifetime income, decumulate their wealth very slowly, and many die leaving large estates. The three leading explanations for the ‘retirement savings puzzle' are the desire to insure against uncertain lifespans and medical expenses, the desire to...
Persistent link: https://www.econbiz.de/10013472109
Persistent link: https://www.econbiz.de/10000651482
This paper studies the link between severe weather shocks in Colombia and municipality-level incidence of dengue and malaria. The unexpectedly high variability of the 2010 rainfalls relative to previous periods and their regional heterogeneity are exploited as an identification strategy. A...
Persistent link: https://www.econbiz.de/10011286264
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances interacts with formal health insurance, and whether there...
Persistent link: https://www.econbiz.de/10011286680
́specific disease burdens and their health-related behaviours on the health of the Chinese population in general. Despite the … obvious significance for population health in China, there is no systematic burden of disease (BoD) assessment available for …" disease burden in the general population, focusing the typical age group of migrant workers (aged 15 to 49 years). This …
Persistent link: https://www.econbiz.de/10011485116
It has been established in the medical literature that self-medicating with imperfect information about either the use of a genuine or counterfeit drug or based on wrong self-diagnosis of ailment, which is predominant especially in developing countries, is a risky investment in health capital....
Persistent link: https://www.econbiz.de/10003659939