Subjective mortality risk and bequests
نویسندگان
چکیده
منابع مشابه
inheritance and bequests
The importance of bequests, their role in capital accumulation, and the motivation behind these transfers has long been the subject of debate among economists. Various models of intergenerational transfers yield different predictions about the responsiveness of bequests to changes in incomes of the donors and recipients and thus to the impact public policy. Yet, despite the intuitive appeal of ...
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Expected Bequests and their Distribution Michael D. Hurd and James P. Smith Based on a sample of actual bequests that is population-representative and on the subjective probability of bequests, we estimate the distribution of bequests that the older population will make. We find that the distribution is highly skewed, so that the typical baby-boom person will receive a very modest inheritance. ...
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BACKGROUND The purpose of this study was to investigate the association between subjective life expectancy (SLE) and self-rated health and further SLE will predict higher risk for mortality. METHODS Data from the Korean Longitudinal Study of Aging (KLoSA) from 2006 to 2014 was assessed using longitudinal data analysis and 10,244 research subjects were included at baseline in 2006. Our modelin...
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This paper extends the heterogeneous agent overlapping generations model with bequests in Nishiyama (2000) by adding two-way intergenerational altruism and inter vivos transfers. Calibrating the model to the U.S. economy, the paper measures time preference and intergenerational altruism consistent with the economy¶s capital-output ratio and the sizes of intergenerational transfers. In the model...
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ژورنال
عنوان ژورنال: Journal of Econometrics
سال: 2015
ISSN: 0304-4076
DOI: 10.1016/j.jeconom.2015.03.015