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; Portfolio Choice ; Health Conditions ; Risk Hedging ; Household Behavior ; Labor Supply …This paper examines the effect of a decline in health on the savings and portfolio choice of young, working individuals … health, controlling for variables such as income, age, and out-of-pocket medical expenses. Unlike many previous papers, which …
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of health and long-term care insurance wealth is substantial, namely EUR 238,000 at the household level. It is comparable … health and long-term care insurance wealth in Austria and add that to conventional wealth estimates for Austria to achieve a … financial wealth minus debt (EUR 250,000). As regards distributive characteristics, health and longterm care insurance wealth is …
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