Reil-Held, Anette () (Mannheim Research Institute for the Economics of Aging (MEA) and Sonderforschungsbereich 504)
Abstract
Differential mortality by income has been found in many countries. These differences in life expectancy are important from a political and an empirical point of view. Because poorer pensioners tend to receive pension benefits for a shorter period of time redistribution towards richer pensioners occurs in the pension system. Furthermore, differential mortality must be considered when interpreting empirical data about income or savings of the elderly. Based on the German Socio-Economic Panel, this paper finds a correlation between income and mortality for people aged 50 and above in Germany, too. Men and Women in the lowest quartile of the income distribution can expect to live 6, respectively 4 years less than men and women in the upper quartile. The positive correlation between income and life expectancy can be shown even when controlling for additional socio-demographic characteristics like schooling.
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Paper provided by Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim in its series Sonderforschungsbereich 504 Publications with number
00-14.
Length: 28 pages Date of creation: 16 Apr 2000 Date of revision: Handle: RePEc:xrs:sfbmaa:00-14
Note: Financial support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged. Contact details of provider: Postal: D-68131 Mannheim Phone: (49) (0) 621-292-2547 Fax: (49) (0) 621-292-5594 Email: Web page: http://www.sfb504.uni-mannheim.de/ More information through EDIRC
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