, endogenous mortality and morbidity, as well as backward induction suggests that these changes should affect the dynamic life … allocation (consumption, leisure, health expenditures), status (health, wealth and survival rates), and welfare. We analyse the … impact of young (resp. old) insurance status conditional on old (resp. young) coverage through the structural estimation of a …

-of-sample wealth levels than estimates using life table mortality risks, suggesting that decisions about consumption and saving are …This paper investigates whether subjective expectations about future mortality affect consumption and bequests motives …. We estimate a dynamic life-cycle model based on subjective survival rates and wealth from the panel dataset Asset and …