IDEAS home Printed from https://ideas.repec.org/p/hai/wpaper/198904.html
   My bibliography  Save this paper

Perceptions of and Response to Life ExpectanciesThe Intergenerational Distribution of Resources and Income in Japan

Author

Listed:
  • Richard L. Pollock
  • Jack Suyderhoud

Abstract

Hammermesh recently reported the results of a survey which provided the basis of his conclusion that households are well informed and prescient about their life expectancies. This underlies his claim that households can be expected to make difficult inter-temporal or lifecycle decisions in an informed and rational manner. In this paper we summarize the results of a survey of households which provides contrary evidence. Household decision makers appear to have only a vague awarewness of relevant current life expectancies and do not appear to be cognizant of secular improvements in life expectancies. These misperceptions appear to be one of several factors that explain questionable responses to the particular retirement choice that we examined in our survey.

Suggested Citation

  • Richard L. Pollock & Jack Suyderhoud, 1989. "Perceptions of and Response to Life ExpectanciesThe Intergenerational Distribution of Resources and Income in Japan," Working Papers 198904, University of Hawaii at Manoa, Department of Economics.
    • Handle: RePEc:hai:wpaper:198904
    as

    Download full text from publisher

    File URL: http://www.economics.hawaii.edu/research/workingpapers/88-98/WP_89-4.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hai:wpaper:198904. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Web Technician (email available below). General contact details of provider: https://edirc.repec.org/data/deuhius.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.