The "red herring" hypothesis contends that the high health care expenditure in old age is caused by proximity to death rather than calendar age. Dissenters point to longitudinal data and claim that health care expenditure age profiles tend to steepen over time. The present paper tests the...

Currently nearly half of people eligible for long‐term care benefits in Germany are receiving informal care by family members. Accounting for the ongoing ageing process of society, an increasing labour participation rate of women and a rising part of old aged living alone, the question is if...

Die Zahl der professionell zu versorgenden Pflegefälle wird sich bis zum Jahr 2050 voraussichtlich um etwa 270 Prozent erhöhen. Diesem Anstieg der Pflegebedürftigen steht ein zu erwartender Rückgang der Erwerbspersonen um etwa 40 Prozent gegenüber. Unter Zugrundelegung eines...

Cognitive functioning of elderly individuals may be affected by events such as the loss of a (grand)child or partner or the onset of a serious chronic condition, and by negative economic shocks such as job loss or the reduction of pension benefits. It is conceivable that the impact of such...

Serious life events, such as the loss or the onset of a chronic condition may influence cognitive functioning. We examine whether the cognitive impact of such events is stronger if conditions very early in life were adverse, using Dutch lnogitudinal data of older persons. We exploit exogenous...

With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. Macro-economic recession and...

I investigate the effect of income on mortality of the pensioners, comparing three subsequent policy periods in Austria. The pensioners who retired in the second period received 25% lower pension than those in the first period. This reduction in income was removed in the third policy period....

With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. To study effects of the...