Examining the Changes in Health Investment Behavior After Retirement
نویسندگان
چکیده
This study examines the effects of retirement on health investment behaviors. We conduct a large-scale international comparison of the change in health investment behaviors after retirement among 13 developed countries, using harmonized datasets. We find that the changes in most of health investment behaviors are heterogenous across countries. JEL Classification Numbers: I00, I100, I120
منابع مشابه
Applying Analytic Hierarchy Process-Technique for Order Preference by Similarity to Ideal Solution (AHP-TOPSIS) model to evaluate individual investment performance of retirement planning policy
Owing to aged people become more and more and serious economy depression in the present society in Taiwan, how retirees will keep their past consumption level after their retirement is an important issue. The purpose of this research will appraise the performance of individual investment planning policy for retirement. Because the investment performance, risks, taxation etc must be considered i...
متن کاملMeasuring retirement income adequacy: calculating realistic income replacement rates.
• The limitations of traditional “replacement rate” calculations: For decades, “replacement rates” have been the primary “rule-of-thumb” measure used in the retirement planning process. However, replacement rate calculations are overly simplistic and potentially inaccurate because they often are based on methodologies limited to replacement of preretirement cash flow after adjustment for taxes,...
متن کاملIndividualizing Medicare.
Despite the enactment of significant changes to the Medicare program in 1997, Medicare's Hospital Insurance trust fund is projected to be exhausted just as the baby boom enters retirement. To address Medicare's financial difficulties, a number of reform proposals have been offered, including several to individualize Medicare financing and benefits. These proposals would attempt to increase Me...
متن کاملLifetime Labor Supply and Human Capital Investment
We develop a model of retirement and human capital investment to study the effects of tax and retirement policies. Workers choose the supply of raw labor (career length) and also the human capital embodied in their labor. Our model explains a significant fraction of the US-Europe difference in schooling and retirement. The model predicts that reforms of the European retirement policies modeled ...
متن کاملUnderstanding Earnings, Labor Supply, and Retirement Decisions
We develop and estimate a model in which individuals make decisions on consumption, human capital investment, labor supply, and retirement. Unlike all previous work, our model allows both an endogenous wage process (which is typically assumed exogenous in the human capital and earnings dynamics literature). In addition, we introduce health shocks. We estimate the model and match the life-cycle ...
متن کامل