A negative shock to one household member can have consequences for other household members. This paper demonstrates the … extent of job lock and health insurance plan stemming from the unanticipated health shock of a child family member. In … response to the shock, I estimate a 7 - 14 percent decreased likelihood of all family members leaving the current health …

Purpose: This study investigates the effect of the elderly on the household's financial transactions in Japan and Korea … significant effect on the household's financial transactions in Japan while the growth of 80+ has a more significant effect in … household's financial transactions in Japan and Korea, respectively. The interaction between the growing elderly population and …

We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health … while keeping overall household wealth constant. Using administrative social security data, we estimate extensive … for employment, we find that working an additional full year at old age decreases longevity. This mortality effect occurs …