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This study has two primary goals. These are the examination of the effect of risk tolerance on individuals' demand for alcohol and second, the examination of the demand for alcohol by older adults over the age of 55. The data sets employed are multiple waves from the Panel Study of Income...
Persistent link: https://www.econbiz.de/10012775837
How sensitive is long-run individual well-being to environmental conditions early in life? This paper examines the effect of weather conditions around the time of birth on the health, education, and socioeconomic outcomes of Indonesian adults born between 1953 and 1974. We link historical...
Persistent link: https://www.econbiz.de/10012759306
elderly. We focus especially on two issues: (1) Determining which household characteristics tend to increase the probability … of a move; and (2) Whether elderly households systematically move to smaller, less expensive dwellings when they do move …. Finally, we develop a Lagrange Multiplier test for unobserved heterogeneity amongst elderly households, and strongly reject …
Persistent link: https://www.econbiz.de/10014157557
Health, wealth and where one lives are important, if not the three most important material living conditions. There are many mechanisms that suggest that living arrangements and well-being derived from health and economic status are closely related. This paper investigates the joint evolution of...
Persistent link: https://www.econbiz.de/10014075859
about the lethality of Covid reveals that the elderly underestimate, and the young overestimate, their own risks, and that …
Persistent link: https://www.econbiz.de/10014078598
Inequality in wealth among elderly households, and in particular the prevalence of very low wealth holdings, can be an …
Persistent link: https://www.econbiz.de/10012947030
Although supplemental saving plans can be an important part of an individual's financial security in retirement, contribution rates remain low, particularly among those with lower salaries and less education. We report findings from a field experiment that distributed an informational nudge...
Persistent link: https://www.econbiz.de/10012949441
We examine inferences about old age mortality that arise when researchers use survey data matched to death records. We show that even small rates of failure to match respondents can lead to substantial bias in the measurement of mortality rates at older ages. This type of measurement error is...
Persistent link: https://www.econbiz.de/10012951887
that falling leads to lower activities of daily living, more depression, and more psychological problems. It leads to …
Persistent link: https://www.econbiz.de/10012953992
Older adults have the highest rates of many health conditions for which medical marijuana may be effective in moderating symptoms and are at elevated risk of reducing labor supply due to poor health. Surprisingly little is known about how this group responds to medical marijuana laws. We provide...
Persistent link: https://www.econbiz.de/10012982033