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We explore mortality beliefs by eliciting individual-level belief distributions for participants' remaining lifespan …
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deviation in adult life spans is about 15 years in the U.S., and theory and evidence suggest it is costly. In this paper, I … countries, and accounting for historical gains against the standard deviation raises the total value of mortality declines …
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This paper analyzes the welfare effects of the Italian social security system in an economy with uncertainty on wages, financial market returns and life expectancy. The introduction of a pension system reproducing the Italian statutory scheme turns out to decrease ex-ante individual welfare,...
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