Foltyn, Richard; Olsson, Jonna - In: Quantitative economics : QE ; journal of the … 15 (2024) 3, pp. 699-736
This paper examines how objective and subjective heterogeneity in life expectancy affects savings behavior of healthy and unhealthy people. Using data from the Health and Retirement Study, we first document systematic biases in survival beliefs across self‐reported health: those in poor health...