Differential Mortality and Wealth Accumulation
AbstractIn this paper, we examine the role played by differential mortality in estimates of life cycle wealth profiles. Our study makes three contributions. First, we show that the Survey of Income and Program Participation (SIPP) provides reliable data on mortality as compared to the US life table data. Second, we provide estimates of the relationship between mortality and wealth and show strong evidence of differential mortality. Lastly, and most importantly, we show that the differences in mortality by wealth are large enough to substantially affect the estimated wealth-age profiles.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Journal of Human Resources.
Volume (Year): 35 (2000)
Issue (Month): 1 ()
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Web page: http://jhr.uwpress.org/
Other versions of this item:
- Orazio P. Attanasio & Hilary W. Hoynes, 1995. "Differential Mortality and Wealth Accumulation," NBER Working Papers 5126, National Bureau of Economic Research, Inc.
- Attanasio, O. & Hoynes, H.W., 1995. "Differential mortality and wealth accumulation," Open Access publications from University College London http://discovery.ucl.ac.u, University College London.
- O. Attanasio & H. W. Hoynes, . "Differential mortality and wealth accumulation," Institute for Research on Poverty Discussion Papers 1079-96, University of Wisconsin Institute for Research on Poverty.
- D1 - Microeconomics - - Household Behavior
- E2 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment
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