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Rich people, women, and healthy people live longer. We document that this heterogeneity in life expectancy is large. We use an estimated structural model to assess the impact of life expectancy variation on the elderly's savings. We find that the differences in life expectancy related to...
Persistent link: https://www.econbiz.de/10014212348
Since 1983, Social Security benefits have been subject to income taxation, a provision that can significantly increase the marginal income tax rate for older individuals. To assess the impact of this tax, we construct and calibrate a detailed life-cycle model of labor supply, saving, and Social...
Persistent link: https://www.econbiz.de/10014124396
Since 1983, Social Security benefits have been subject to income taxation, a provision that can significantly increase the marginal income tax rate for older individuals. To assess the impact of this tax, we construct and calibrate a detailed life-cycle model of labor supply, saving, and Social...
Persistent link: https://www.econbiz.de/10012965246
Persistent link: https://www.econbiz.de/10003799899
Rich people, women, and healthy people live longer. We document that this heterogeneity in life expectancy is large, and we use an estimated structural model to assess its effect on the elderly’s saving. We find that the differences in life expectancy related to observable factors such as...
Persistent link: https://www.econbiz.de/10003786290
Persistent link: https://www.econbiz.de/10003852003
Persistent link: https://www.econbiz.de/10011585463
Persistent link: https://www.econbiz.de/10012035314
Rich people, women, and healthy people live longer. We document that this heterogeneity in life expectancy is large, and we use an estimated structural model to assess its effect on the elderly's saving. We find that the differences in life expectancy related to observable factors such as...
Persistent link: https://www.econbiz.de/10012757992
Rich people, women, and healthy people live longer. We document that this heterogeneity in life expectancy is large, and we use an estimated structural model to assess its effect on the elderly's saving. We find that the differences in life expectancy related to observable factors such as...
Persistent link: https://www.econbiz.de/10012463996