Advanced Search
MyIDEAS: Login

Lifetime income and old age mortality risk in Italy over two decades

Contents:

Author Info

  • Michele Belloni

    ()
    (Department of Economics, University Of Venice Cà Foscari)

  • Rob Alessie

    (University of Groningen)

  • Adriaan Kalwij

    (Utrecht University School of Economics)

  • Chiara Marinacci

    (Epidemiology Unit, Piedmont Region)

Abstract

This paper examines the association between lifetime income and old age mortality risk, referred to as the income–mortality gradient, in Italy during the 1980s and 1990s. We find that the shape of the income–mortality gradient is characterized by two discontinuities (knots) for males and one discontinuity for females. For both genders, the estimated associations between income and mortality risk are negative and stronger at higher income levels. Results for the change in the income–mortality gradient between the 1980s and 1990s are sensitive to inclusion in the model of controls for regions. Without controlling for regional differences, the income-mortality gradient widens between the 1980s and the 1990s due to a rather surprising positive gradient for males whose income is below the 66th percentile in the 1980s. One possible explanation for this result could be the presence of manual workers with relatively high salary and high mortality during the 1980s in the industrialized Northwest. After controlling for regional differences, we find no empirical evidence of a change in the income–mortality gradient, including the position of the knots, over time

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.unive.it/media/allegato/DIP/Economia/Working_papers/Working_papers_2012/WP_DSE_belloni_alessie_kalwijmarinacci_29_12.pdf
Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Geraldine Ludbrook)
File Function: First version, 2012
Download Restriction: no

Bibliographic Info

Paper provided by Department of Economics, University of Venice "Ca' Foscari" in its series Working Papers with number 2012: 29.

as in new window
Length: 21
Date of creation: 2012
Date of revision:
Handle: RePEc:ven:wpaper:2012:29

Contact details of provider:
Postal: Cannaregio, S. Giobbe no 873 , 30121 Venezia
Phone: +39-0412349621
Fax: +39-0412349176
Email:
Web page: http://www.unive.it/dip.economia
More information through EDIRC

Related research

Keywords: Mortality; Lifetime income; Italy; Socioeconomic status; Health inequalities; Old age; Free knots spline;

Other versions of this item:

Find related papers by JEL classification:

References

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.:
as in new window
  1. Cristia, Julian P., 2009. "Rising mortality and life expectancy differentials by lifetime earnings in the United States," Journal of Health Economics, Elsevier, vol. 28(5), pages 984-995, September.
  2. Daniel Sullivan & Till von Wachter, 2009. "Average Earnings and Long-Term Mortality: Evidence from Administrative Data," American Economic Review, American Economic Association, vol. 99(2), pages 133-38, May.
  3. Adriaan Kalwij & Rob Alessie & Marike Knoef, 2013. "The Association Between Individual Income and Remaining Life Expectancy at the Age of 65 in the Netherlands," Demography, Springer, vol. 50(1), pages 181-206, February.
  4. Dominik H. Enste & Friedrich Schneider, 2000. "Shadow Economies: Size, Causes, and Consequences," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 77-114, March.
  5. Harriet Orcutt Duleep, 1986. "Measuring the Effect of Income on Adult Mortality Using Longitudinal Administrative Record Data," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 238-251.
  6. Belloni, Michele & Alessie, Rob, 2009. "The importance of financial incentives on retirement choices: New evidence for Italy," Labour Economics, Elsevier, vol. 16(5), pages 578-588, October.
  7. Gerard J. van den Berg & Maarten Lindeboom & France Portrait, 2007. "Conjugal Bereavement Effects on Health and Mortality at Advanced Ages," Tinbergen Institute Discussion Papers 07-009/3, Tinbergen Institute.
  8. Franco Peracchi, 2008. "Height and Economic Development in Italy, 1730-1980," American Economic Review, American Economic Association, vol. 98(2), pages 475-81, May.
  9. Hans-Martin von Gaudecker & Rembrandt D. Scholz, 2007. "Differential mortality by lifetime earnings in Germany," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 17(4), pages 83-108, August.
  10. Agar Brugiavini & Vincenzo Galasso, 2003. "The Social Security Reform Process in Italy: Where do We Stand?," Working Papers wp052, University of Michigan, Michigan Retirement Research Center.
  11. Jennifer Montez & Robert Hummer & Mark Hayward, 2012. "Educational Attainment and Adult Mortality in the United States: A Systematic Analysis of Functional Form," Demography, Springer, vol. 49(1), pages 315-336, February.
  12. Michele Belloni & Carlo Maccheroni, 2013. "Actuarial Fairness When Longevity Increases: An Evaluation of the Italian Pension System," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan, vol. 38(4), pages 638-674, October.
  13. Bratti, Massimiliano, 2002. "Labour Force Participation and Marital Fertility of Italian Women: The Role of Education," Royal Economic Society Annual Conference 2002 34, Royal Economic Society.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ven:wpaper:2012:29. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Geraldine Ludbrook).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.