메뉴 건너뛰기




Volumn 118, Issue 1, 2010, Pages 39-75

Why do the elderly save? The role of medical expenses

Author keywords

[No Author keywords available]

Indexed keywords

ELDERLY POPULATION; HEALTH EXPENDITURE; HEALTH INSURANCE; HETEROGENEITY; LIFE EXPECTANCY; MODELING;

EID: 77950432702     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/651674     Document Type: Article
Times cited : (560)

References (51)
  • 1
    • 0030540499 scopus 로고    scopus 로고
    • Small sample bias in GMM estimation of covariance structures
    • Altonji, Joseph G., and Lewis M. Segal. 1996. "Small Sample Bias in GMM Estimation of Covariance Structures." J. Bus. and Econ. Statis. 14 (Fall): 353-366
    • (1996) J. Bus. and Econ. Statis. , vol.14 , Issue.FALL , pp. 353-366
    • Altonji, J.G.1    Segal, L.M.2
  • 4
    • 26844507193 scopus 로고    scopus 로고
    • Mortality, health status, and wealth
    • Attanasio, Orazio P., and Carl Emmerson. 2003. "Mortality, Health Status, and Wealth." J. European Econ. Assoc. 4 (March): 821-850
    • (2003) J. European Econ. Assoc. , vol.4 , Issue.MARCH , pp. 821-850
    • Attanasio, O.P.1    Emmerson, C.2
  • 5
    • 77950405914 scopus 로고    scopus 로고
    • Financing medicare: A general equilibrium analysis
    • edited by John B. Shoven. Chicago: Univ. Chicago Press, forthcoming
    • Attanasio, Orazio P., Sagiri Kitao, and Gianluca Violante. 2010. "Financing Medicare: A General Equilibrium Analysis." In Demography and the Economy, edited by John B. Shoven. Chicago: Univ. Chicago Press, forthcoming.
    • (2010) Demography and the Economy
    • Attanasio, O.P.1    Kitao, S.2    Violante, G.3
  • 6
    • 0001252323 scopus 로고    scopus 로고
    • Is there a retiremement-savings puzzle?
    • Banks, James, Richard Blundell, and Sarah Tanner. 1998. "Is There a Retiremement-Savings Puzzle?" A.E.R. 88 (September): 769-788
    • (1998) A.E.R. , vol.88 , Issue.SEPTEMBER , pp. 769-788
    • Banks, J.1    Blundell, R.2    Tanner, S.3
  • 7
    • 38949172688 scopus 로고    scopus 로고
    • Retirement and consumption in a life cycle model
    • Blau, David M. 2008. "Retirement and Consumption in a Life Cycle Model." J. Labor Econ. 26 (January): 35-71.
    • (2008) J. Labor Econ. , vol.26 , Issue.JANUARY , pp. 35-71
    • Blau, D.M.1
  • 8
    • 43349099052 scopus 로고    scopus 로고
    • The role of retiree health insurance in the employment behavior of older men
    • Blau, David M., and Donna Gilleskie. 2008. "The Role of Retiree Health Insurance in the Employment Behavior of Older Men." Internat. Econ. Rev. 49 (May): 475-514.
    • (2008) Internat. Econ. Rev. , vol.49 , Issue.MAY , pp. 475-514
    • Blau, D.M.1    Gilleskie, D.2
  • 9
    • 0021039141 scopus 로고
    • Does free care improve adults' health? Results from a randomized trial
    • Brook, Robert, et al. 1983. "Does Free Care Improve Adults' Health? Results from a Randomized Trial." New England J. Medicine 309 (December): 1426-1434
    • (1983) New England J. Medicine , vol.309 , Issue.DECEMBER , pp. 1426-1434
    • Brook, R.1
  • 10
    • 57749205927 scopus 로고    scopus 로고
    • The interaction of public and private insurance: Medicaid and the long term care insurance market
    • Brown, Jeff, and Amy Finkelstein. 2008. "The Interaction of Public and Private Insurance: Medicaid and the Long Term Care Insurance Market." A.E.R. 98 (June): 1083-1102.
    • (2008) A.E.R. , vol.98 , Issue.JUNE , pp. 1083-1102
    • Brown, J.1    Finkelstein, A.2
  • 11
    • 0008767220 scopus 로고    scopus 로고
    • Recent advances in quantile regression models: A practical guideline for empirical research
    • Buchinsky, Moshe. 1998. "Recent Advances in Quantile Regression Models: A Practical Guideline for Empirical Research." J. Human Resources 33 (Winter): 88-126. (Pubitemid 128603278)
    • (1998) Journal of Human Resources , vol.33 , Issue.1 , pp. 88-126
    • Buchinsky, M.1
  • 12
    • 0042265052 scopus 로고    scopus 로고
    • Wealth accumulation over the life cycle and precautionary savings
    • DOI 10.1198/073500103288619007
    • Cagetti, Marco. 2003. "Wealth Accumulation over the Life Cycle and Precautionary Savings." J. Bus. and Econ. Statis. 21 (July): 339-353 (Pubitemid 36931258)
    • (2003) Journal of Business and Economic Statistics , vol.21 , Issue.3 , pp. 339-353
    • Cagetti, M.1
  • 13
    • 67650169093 scopus 로고    scopus 로고
    • Does medicare save lives?
    • Card, David, Carlos Dobkin, and Nicole Maestas. 2009. "Does Medicare Save Lives?" Q.J.E. 124 (May): 597-636.
    • (2009) Q.J.E. , vol.124 , Issue.MAY , pp. 597-636
    • Card, D.1    Dobkin, C.2    Maestas, N.3
  • 14
    • 0000812498 scopus 로고
    • Comment: Sequential moment restrictions in panel data
    • Chamberlain, Gary. 1992. "Comment: Sequential Moment Restrictions in Panel Data." J. Bus. and Econ. Statis. 10 (Winter): 20-26.
    • (1992) J. Bus. and Econ. Statis. , vol.10 , Issue.WINTER , pp. 20-26
    • Chamberlain, G.1
  • 16
    • 3843141811 scopus 로고    scopus 로고
    • Wealth inequality and intergenerational links
    • DOI 10.1111/j.1467-937X.2004.00302.x
    • De Nardi, Mariacristina. 2004. "Wealth Inequality and Intergenerational Links." Rev. Econ. Studies 71 (July): 743-768 (Pubitemid 39047855)
    • (2004) Review of Economic Studies , vol.71 , Issue.3 , pp. 743-768
    • De Nardi, M.C.1
  • 17
    • 73849085329 scopus 로고    scopus 로고
    • Life expectancy and old age savings
    • De Nardi, Mariacristina, Eric French, and John B. Jones. 2009. "Life Expectancy and Old Age Savings." A.E.R. Papers and Proc. 99 (May): 110-115
    • (2009) A.E.R. Papers and Proc. , vol.99 , Issue.MAY , pp. 110-115
    • De Nardi, M.1    French, E.2    Jones, J.B.3
  • 18
    • 0000593389 scopus 로고
    • Simulated moments estimation of markov models of asset prices
    • Duffie, Darrell, and Kenneth J. Singleton. 1993. "Simulated Moments Estimation of Markov Models of Asset Prices." Econometrica 61 (July): 929-952
    • (1993) Econometrica , vol.61 , Issue.JULY , pp. 929-952
    • Duffie, D.1    Singleton, K.J.2
  • 21
    • 34548633745 scopus 로고    scopus 로고
    • Consumption over the life cycle: Facts from CEX data
    • Fernández-Villaverde, Jesús, and Dirk Krueger. 2007. "Consumption over the Life Cycle: Facts from CEX Data." Rev. Econ. and Statis. 89 (August): 552-565
    • (2007) Rev. Econ. and Statis. , vol.89 , Issue.AUGUST , pp. 552-565
    • Fernández-Villaverde, J.1    Krueger, D.2
  • 23
    • 77950380598 scopus 로고    scopus 로고
    • Asset rundown after retirement: The importance of rate of return shocks
    • French, Eric, Phil Doctor, and Olesya Baker. 2007. "Asset Rundown after Retirement: The Importance of Rate of Return Shocks." Econ. Perspectives 31 (Spring): 48-65.
    • (2007) Econ. Perspectives , vol.31 , Issue.SPRING , pp. 48-65
    • French, E.1    Doctor, P.2    Baker, O.3
  • 24
    • 10244251727 scopus 로고    scopus 로고
    • On the distribution and dynamics of health care costs
    • DOI 10.1002/jae.790, The Econometrics of Social Insurance
    • French, Eric, and John Bailey Jones. 2004. "On the Distribution and Dynamics of Health Care Costs." J. Appl. Econometrics 19 (November): 705-721 (Pubitemid 39620933)
    • (2004) Journal of Applied Econometrics , vol.19 , Issue.6 , pp. 705-721
    • French, E.1    Jones, J.B.2
  • 27
    • 0036219398 scopus 로고    scopus 로고
    • Consumption over the life cycle
    • Gourinchas, Pierre-Olivier, and Jonathan A. Parker. 2002. "Consumption over the Life Cycle." Econometrica 70 (January): 47-89.
    • (2002) Econometrica , vol.70 , Issue.JANUARY , pp. 47-89
    • Gourinchas, P.-O.1    Parker, J.A.2
  • 28
    • 43949150550 scopus 로고
    • The importance of precautionary motives in explaining individual and aggregate saving
    • Hubbard, R. Glenn, Jonathan Skinner, and Stephen P. Zeldes. 1994. "The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving." Carnegie-Rochester Conf. Ser. Public Policy 40:59-125.
    • (1994) Carnegie-Rochester Conf. Ser. Public Policy , vol.40 , pp. 59-125
    • Hubbard, R.G.1    Skinner, J.2    Zeldes, S.P.3
  • 29
    • 84937283253 scopus 로고
    • Precautionary saving and social insurance
    • ---. 1995. "Precautionary Saving and Social Insurance." J.P.E. 103 (April): 360-399
    • (1995) J.P.E. , vol.103 , Issue.APRIL , pp. 360-399
  • 30
    • 0001576333 scopus 로고
    • Mortality risk and bequests
    • Hurd, Michael D. 1989. "Mortality Risk and Bequests." Econometrica 57 (July): 779-813.
    • (1989) Econometrica , vol.57 , Issue.JULY , pp. 779-813
    • Hurd, M.D.1
  • 31
    • 13844263074 scopus 로고    scopus 로고
    • Predictors of mortality among the elderly
    • edited by David A. Wise. Chicago: Univ. Chicago Press
    • Hurd, Michael D., Daniel McFadden, and Angela Merrill. 2001. "Predictors of Mortality among the Elderly." In Themes in the Economics of Aging, edited by David A. Wise, 171-197 Chicago: Univ. Chicago Press.
    • (2001) Themes in the Economics of Aging , pp. 171-197
    • Hurd, M.D.1    McFadden, D.2    Merrill, A.3
  • 33
    • 85036728161 scopus 로고    scopus 로고
    • Estimating willingness to pay for medicare using a dynamic life-cycle model of demand for health insurance
    • Forthcoming
    • Khwaja, Ahmed. Forthcoming. "Estimating Willingness to Pay for Medicare Using a Dynamic Life-Cycle Model of Demand for Health Insurance." J. Econometrics.
    • J. Econometrics
    • Khwaja, A.1
  • 35
    • 33845991497 scopus 로고    scopus 로고
    • To leave or not to leave: The distribution of bequest motives
    • DOI 10.1111/j.1467-937X.2007.00419.x
    • Kopczuch, Wojciech, and Joseph Lupton. 2007. "To Leave or Not to Leave: The Distribution of Bequest Motives." Rev. Econ. Studies 74 (January): 207-235 (Pubitemid 46040516)
    • (2007) Review of Economic Studies , vol.74 , Issue.1 , pp. 207-235
    • Kopczuk, W.1    Lupton, J.P.2
  • 37
    • 0009009916 scopus 로고
    • Health expenditures and precautionary savings
    • Cambridge, MA: MIT Press
    • Kotlikoff, Laurence J. 1988. "Health Expenditures and Precautionary Savings." In What Determines Savings? Cambridge, MA: MIT Press.
    • (1988) What Determines Savings?
    • Kotlikoff, L.J.1
  • 38
    • 57749198652 scopus 로고    scopus 로고
    • The trajectory of wealth in retirement
    • Love, David A., Michael Palumbo, and Paul Smith. 2009. "The Trajectory of Wealth in Retirement." J. Public Econ. 93 (February): 191-208.
    • (2009) J. Public Econ. , vol.93 , Issue.FEBRUARY , pp. 191-208
    • Love, D.A.1    Palumbo, M.2    Smith, P.3
  • 40
    • 0001624955 scopus 로고
    • Generalized method of moments specification testing
    • Newey, Whitney K. 1985. "Generalized Method of Moments Specification Testing." J. Econometrics 29 (September): 229-256
    • (1985) J. Econometrics , vol.29 , Issue.SEPTEMBER , pp. 229-256
    • Newey, W.K.1
  • 41
    • 70350096085 scopus 로고
    • Large sample estimation and hypothesis testing
    • edited by Robert F. Engle and Daniel L. McFadden. Amsterdam: Elsevier
    • Newey, Whitney K., and Daniel L. McFadden. 1994. "Large Sample Estimation and Hypothesis Testing." In Handbook of Econometrics, vol.4, edited by Robert F. Engle and Daniel L. McFadden. Amsterdam: Elsevier.
    • (1994) Handbook of Econometrics , vol.4
    • Newey, W.K.1    McFadden, D.L.2
  • 42
    • 0001331135 scopus 로고
    • Simulation and the asymptotics of optimization estimators
    • Pakes, Ariel, and David Pollard. 1989. "Simulation and the Asymptotics of Optimization Estimators." Econometrica 57 (September): 1027-1057
    • (1989) Econometrica , vol.57 , Issue.SEPTEMBER , pp. 1027-1057
    • Pakes, A.1    Pollard, D.2
  • 43
    • 0001617923 scopus 로고    scopus 로고
    • Uncertain medical expenses and precautionary saving near the end of the life cycle
    • Palumbo, Michael G. 1999. "Uncertain Medical Expenses and Precautionary Saving Near the End of the Life Cycle." Rev. Econ. Studies 66 (April): 395-421.
    • (1999) Rev. Econ. Studies , vol.66 , Issue.APRIL , pp. 395-421
    • Palumbo, M.G.1
  • 44
    • 74249116693 scopus 로고    scopus 로고
    • Optimizing the equity-bond-annuity portfolio in retirement: The impact of uncertain health expenses
    • Pang, Gaobo, and Mark Warshawsky. 2010. "Optimizing the Equity-Bond-Annuity Portfolio in Retirement: The Impact of Uncertain Health Expenses." Insurance: Math. and Econ. 46:198-209.
    • (2010) Insurance: Math. and Econ. , vol.46 , pp. 198-209
    • Pang, G.1    Warshawsky, M.2
  • 47
    • 21844518090 scopus 로고
    • Measurement error and earnings dynamics: Some estimates from the PSID validation study
    • Pischke, Jorn-Steffen. 1995. "Measurement Error and Earnings Dynamics: Some Estimates from the PSID Validation Study." J. Bus. and Econ. Statis. 13 (Summer): 305-314
    • (1995) J. Bus. and Econ. Statis. , vol.13 , Issue.SUMMER , pp. 305-314
    • Pischke, J.-S.1
  • 48
    • 34250369101 scopus 로고
    • Estimation of semiparametric models
    • edited by Robert F. Engle and Daniel L. McFadden. Amsterdam: Elsevier
    • Powell, James. 1994. "Estimation of Semiparametric Models." In Handbook of Econometrics, vol.4, edited by Robert F. Engle and Daniel L. McFadden. Amsterdam: Elsevier.
    • (1994) Handbook of Econometrics , vol.4
    • Powell, J.1
  • 50
    • 33748792784 scopus 로고    scopus 로고
    • Are americans saving optimally for retirement?
    • Scholz, John Karl, Ananth Seshadri, and Surachai Khitatrakun. 2006. "Are Americans Saving Optimally for Retirement?" J.P.E. 114 (August): 607-643
    • (2006) J.P.E. , vol.114 , Issue.AUGUST , pp. 607-643
    • Scholz, J.K.1    Seshadri, A.2    Khitatrakun, S.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.