Wealth Shock and Impact of Health on Risk Aversion and Savings

This paper models the relationship between risk aversion, status of health and changes in savings among older individuals in the UK. Using responses to a unique questionnaire, we show how these factors are correlated with the decline in total savings after the markets crashed in 2000.

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Authors:	Worldwide, Watson Wyatt
Institutions:	Watson Wyatt Worldwide

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Series:	Research Reports.
Type of publication:	Book / Working Paper
Notes:	1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005418861