Showing 1 - 10 of 17
This paper constructs a rich model of saving for retired single people. Our framework allows for bequest motives and heterogeneity in medical expenses and life expectancies. We estimate the model using AHEAD data and the method of simulated moments. The data show that out-of-pocket medical...
Persistent link: https://www.econbiz.de/10003860856
Persistent link: https://www.econbiz.de/10003864139
Persistent link: https://www.econbiz.de/10003956968
Persistent link: https://www.econbiz.de/10003384274
"People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous outof- pocket medical expense risk. We show that all of these dimensions of heterogeneity...
Persistent link: https://www.econbiz.de/10003227109
Persistent link: https://www.econbiz.de/10012216441
Persistent link: https://www.econbiz.de/10012261242
Persistent link: https://www.econbiz.de/10014250786
People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous out of pocket medical expense risk. We show that all of these dimensions of heterogeneity are...
Persistent link: https://www.econbiz.de/10012734955
People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous out-of-pocket medical expense risk. We construct a rich structural model of saving behavior...
Persistent link: https://www.econbiz.de/10012778297