Portfolio choice and health status

Journal of Financial Economics

Volumn 72, Issue 3, 2004, Pages 457-484

  Rosen, Harvey S ^a   Wu, Stephen ^b  

^a PRINCETON UNIVERSITY   (United States)

^b HAMILTON COLLEGE   (United States)

Author keywords

Health; Portfolio; Risk

Indexed keywords

EID: 2442644227     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(03)00178-8     Document Type: Article

References (28)

1. Barber B.M. Odean T. Boys will be boys: gender, overconfidence, and common stock investment Quarterly Journal of Economics 116 2001 261-292
2. Bertaut C.C. Starr-McCluer M. Household portfolios in the United States In: Guiso L. Haliassos M. Jappelli T. (Eds.), Household Portfolios 2002 181-218 MIT Press Cambridge, MA
3. Bodie Z. Merton R.C. Samuelson W.F. Labor supply flexibility and portfolio choice in a life cycle model Journal of Economic Dynamics and Control 16 1992 427-449
4. Browning M. The saving behavior of a two-person household Scandinavian Journal of Economics 102 2000 235-251
5. Carroll, C., 2002. Portfolio of the rich. In: Guiso, L., Haliassos, M., Jappelli, T. (Eds.), Household Portfolios. MIT Press, Cambridge, MA, pp. 389-430.
6. Edwards R.D. Health risk and portfolio choice 2002 Unpublished working paper, University of California Berkeley
7. Foldes L. Valuation and martingale properties of shadow prices: an exposition Journal of Economic Dynamics and Control 24 2000 1641-1701
8. Gollier C. What does theory have to say about household portfolios? In: Guiso L. Haliassos M. Jappelli T. (Eds.), Household Portfolios 2002 27-54 MIT Press Cambridge, MA
9. Guiso L. Haliassos M. Jappelli T. Introduction In: Guiso L. Haliassos M. Jappelli T. (Eds.), Household Portfolios 2002 1-24 MIT Press Cambridge, MA
10. Heaton, J., Lucas, D., 1997. Savings behavior and portfolio choice: evidence from the tax data. Unpublished working paper, Northwestern University.
11. Heaton J. Lucas D. Portfolio choice and asset prices: the importance of entrepreneurial risk Journal of Finance 55 2000 1163-1198
12. Heckman J.J. Sample selection bias as a specification error Econometrica 47 1979 153-161
13. Hurd M.D. Portfolio holdings of the elderly In: Guiso L. Haliassos M. Jappelli T. (Eds.), Household Portfolios 2002 431-472 MIT Press Cambridge, MA
14. Hurd M. McGarry K. Evaluation of the subjective probabilities of survival in the health and retirement survey Journal of Human Resources 30 1995 S268-292
15. Idler E. Benyamini Y. Self-related health and mortality: a review of twenty-seven community studies Journal of Health and Social Behavior 38 1997 21-37
16. King M.A. Leape J.I. Wealth and portfolio composition: theory and evidence Journal of Public Economics 69 1998 155-193
17. Lott J.R. Kenny L.W. Did women's suffrage change the size and scope of government? Journal of Political Economy 107 1999 1163-1198
18. Maddala G.S. Limited-Dependent and Qualitative Variables in Econometrics 1983 Cambridge University Press New York
19. Mazzocco, M., 2002. Savings, risk sharing and preferences for risk. Unpublished working paper, University of Wisconsin.
20. Mossin J. Taxation and risk taking: an expected utility approach Economica 35 1968 74-82
21. Poterba J.M. Government saving incentives in the United States In: Poterba J.M. (Ed.), Public Policies and Household Saving 1994 1-18 University of Chicago Press Chicago
22. Poterba, J.M., 2001. Taxation and portfolio structure: issues and implications. NBER working paper 8223.
23. Poterba J.M. Samwick A.A. Taxation and household portfolio composition: U.S. evidence from the 1980's and 1990's Journal of Public Economics 87 2003 5-38
24. Schmidt N.B. Telch M.J. Joiner T.E. Factors influencing health perceptions in patients with panic disorder Comprehensive Psychiatry 37 1996 253-260
25. Smith J.P. Healthy bodies and thick wallets: the dual relation between health and economic status Journal of Economic Perspectives 13 1999 145-166
26. Tobin J. Liquidity preference as behavior toward risk Review of Economic Studies 25 1958 65-86
27. Venti, S.F., Wise, D.A., 2000. Choice, chance, and wealth dispersion at retirement. NBER Working Paper 7521.
28. Wu S. The effects of health events on the economic status of married couples Journal of Human Resources 38 2003 219-230