Abstract

The aim of the subproject on the Subprojects Beliefs and Savings Behavior is to measure subjective probabilities of morality, and other economic and health events, and to relate to those beliefs to saving behavior. The first question is whether the elderly are """"""""rational"""""""" in their life- cycle planning, given their beliefs. The second is whether these beliefs are realistic.
A final aim of the project is to identify the size and correlates of the subpopulation of the elderly that are economically stressed, and determine the extent to which this condition is the result of """"""""bad luck"""""""", remediable with an actually fair insurance program, or is the result of bad planning or unrealistic beliefs, and thus less amenable to correction via a voluntary market solution. This subproject will use newly available panel data, including questions on subjective probabilities, from the Health and Retirement Survey (HRS) and the Survey of the Asset and Health Dynamics Among the Oldest-Old (AHEAD).

  Funding Agency

Agency
National Institute of Health (NIH)
Institute
National Institute on Aging (NIA)
Type
Research Program Projects (P01)
Project #
2P01AG005842-09
Application #
3745833
Study Section
Project Start
Project End
Budget Start
Budget End
Support Year
9
Fiscal Year
1994
Total Cost
Indirect Cost

  Institution

Name
National Bureau of Economic Research
Department
Type
DUNS #
City
Cambridge
State
MA
Country
United States
Zip Code
02138

  Publications

Heger, Dörte; Korfhage, Thorben (2018) Care choices in Europe: To Each According to His or Her Needs? Inquiry 55:46958018780848
Dobkin, Carlos; Finkelstein, Amy; Kluender, Raymond et al. (2018) The Economic Consequences of Hospital Admissions. Am Econ Rev 102:308-352
Solé-Auró, Aïda; Jasilionis, Domantas; Li, Peng et al. (2018) Do women in Europe live longer and happier lives than men? Eur J Public Health 28:847-852
Baicker, Katherine (2018) Driving Better Health Policy: ""It's the Evidence, Stupid"": Uwe Reinhardt Memorial Lecture. Health Serv Res 53:4055-4063
Deaton, Angus (2018) What do self-reports of wellbeing say about life-cycle theory and policy? J Public Econ 162:18-25
Lourenco, Joana; Serrano, Antonio; Santos-Silva, Alice et al. (2018) Cardiovascular Risk Factors Are Correlated with Low Cognitive Function among Older Adults Across Europe Based on The SHARE Database. Aging Dis 9:90-101
Deaton, Angus; Cartwright, Nancy (2018) Understanding and misunderstanding randomized controlled trials. Soc Sci Med 210:2-21
Cimas, M; Ayala, A; Sanz, B et al. (2018) Chronic musculoskeletal pain in European older adults: Cross-national and gender differences. Eur J Pain 22:333-345
Dobkin, Carlos; Finkelstein, Amy; Kluender, Raymond et al. (2018) Myth and Measurement - The Case of Medical Bankruptcies. N Engl J Med 378:1076-1078
Schwartz, Ella; Khalaila, Rabia; Litwin, Howard (2018) Contact frequency and cognitive health among older adults in Israel. Aging Ment Health :1-9

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