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Mortality and Lifetime Income: Evidence from U.S. Social Security Records

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Author Info
James E. Duggan
John S. Greenlees
Robert Gillingham
Abstract

Studies of the empirical relationship between income and mortality often rely on data aggregated by geographic areas and broad population groups and do not distinguish disabled and nondisabled persons. We investigate the relationship between individual mortality and lifetime income with a large micro data base of current and former retired participants in the U. S. Social Security system. Logit models by gender and race confirm a negative relationship. Differences in age of death between low and high lifetime income are on the order of two to three years. Income-related mortality differences between blacks and whites are largest at low-income levels while gender differences appear to be large and persistent across income levels.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 07/15.

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Length: 20 pages
Date of creation: 25 Jan 2007
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Handle: RePEc:imf:imfwpa:07/15

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Related research
Keywords: Income ; United States ; Social indicators ; Economic models ;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Jeffrey B Liebman, 2002. "Redistribution in the Current U.S. Social Security System," Working Papers 02-09, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    Other versions:
  2. 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. [Downloadable!]
    Other versions:
  3. Jeffrey R. Brown, 2000. "Differential Mortality and the Value of Individual Account Retirement Annuities," NBER Working Papers 7560, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Duggan, James E & Gillingham, Robert, 1999. "The Effect of Errors in the CPI on Social Security Finances," Journal of Business & Economic Statistics, American Statistical Association, vol. 17(2), pages 161-69, April.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Julian Cristia, 2009. "Rising Mortality and Life Expectancy Differentials by Lifetime Earnings in the United States," RES Working Papers 4607, Inter-American Development Bank, Research Department. [Downloadable!]
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