Hugonnier, Julien; Pelgrin, Florian; St-Amour, Pascal - Swiss National Centre of Competence in Research North … - 2010
Richer and healthier agents tend to hold riskier portfolios and spend proportionallyless on health expenditures …. Potential explanations include health and wealth eects onpreferences, expected longevity or disposable total wealth. Using HRS … data, we perform astructural estimation of a dynamic model of consumption, portfolio and health expenditurechoices with …