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percent of their annual income. The paper further shows that the negative income shock had no impact on the health of …This paper provides novel evidence on the labor supply response to negative income shocks in retirement, exploiting an … institutional feature that caused differential and unexpected income losses among otherwise identical individuals in a sharp …
Persistent link: https://www.econbiz.de/10012548246
adjustment and address long-term fiscal sustainability challenges. This could be done without significantly worsening income … efficiency without undermining the quality of in kind services on secondary education, health care and public administration … regressive. The delivery of health care could be improved by rationalising inpatient care and enhancing costeffective primary …
Persistent link: https://www.econbiz.de/10011276959
primarily the symptom of real declines in the health of near-elderly Americans, relative to their European peers. In particular …, we use a microsimulation approach to project what US longevity would look like, if US health trends approximated those in … Europe. We find that differences in health can explain most of the growing gap in remaining life expectancy. In addition, we …
Persistent link: https://www.econbiz.de/10014200788
We study the determinants of individual aversion to health and income inequality in three European countries and the … effects of exposure to COVID-19 including the effect employment, income and health shocks using representative samples of the … population in each country. Comparing levels of health- and income-inequality aversion in the UK between the years 2016 and 2020 …
Persistent link: https://www.econbiz.de/10012603145
income and parental education) remain good predictors of well-being over 50 years later. In terms of the proximal covariates …, mental health and social participation are the strongest predictors of both measures of well-being in older age. However …
Persistent link: https://www.econbiz.de/10011760110
We study whether exposure to COVID-19 has affected individual aversion to health and income inequality in the UK, Italy … unemployment), income and health directly linked to COVID-19. We find that conditioned on risk aversion and relevant covariates … (income, education, demographics), individuals who have experienced either a health or an financial shock during the COVID-19 …
Persistent link: https://www.econbiz.de/10012431582
Pensions for reduced earnings capacity (REC) have yearly made up about 20% of all pensions granted by the German Pension Insurance in the past 25 years. The dataset described in this article is a time series of cross-sectional observations for the retirement cohorts 2001-2020. It enables...
Persistent link: https://www.econbiz.de/10014436825
ongoing discussion of the relationship between life satisfaction and income. The panel property of the data makes it possible … to study also the impact on satisfaction from income changes as well as the impact from acceleration in income and … the survey to the next. We find a strong impact from the level of income in all countries, an impact from change and …
Persistent link: https://www.econbiz.de/10010269451
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010286974