HEALTH, HOUSEHOLD INCOME AND SAVING

健康、家庭收入和储蓄

• 批准号: 6234191
• 负责人: LEE A LILLARD
• 金额: $ 8.93万
• 依托单位: RAND CORPORATION
• 依托单位国家: 美国
• 财政年份: 1997
• 资助国家: 美国
• 起止时间: 1997-09-30 至 1998-08-31
• 项目状态: 已结题
• 来源: https://reporter.nih.gov/project-details/6234191
• 关键词: behavioral /social science research tag; health surveys; household; human data; human old age (65+); human population dynamics; income; retirement; socioeconomics

One of the triumphs of the twentieth century has been the extension of life. Paradoxically, living too long is one of the major concerns of the elderly. What does it mean to live too long? For the elderly, two critical concerns are health and the adequacy of financial assets. Although average life expectancy has increased dramatically, for any particular person the future remains uncertain -- both in terms of health and of the length of life itself. From this perspective, living too long means living in poor health and/or with inadequate resources to sustain prior consumption levels, the worst case being a long life of ill health and poverty. Health issues have been largely ignored in the literature on asset management and uncertain life. However, health is critical to saving and consumption decisions in several ways. First, it affects the capacity to work and earn income. Second, it affects the quality of life and the value of purchased goods. Third, although Medicare covers large portions of medical costs for the elderly, illness can still entail substantial out-of-pocket expenditures, especially for long-term care at older ages. Finally, a change in current health status is a signal which carries information about future health and mortality. This subproject research focuses on the impact of health on the saving and consumption decisions of retirees. The decision unit which we investigate is a husband-wife household which pools the resources of its surviving members. We focus on the effects of the health of household members on the financial resources available to the household members through income and saving behavior. We study the dynamics of health, income and saving over time using panel data from the panel study of income dynamics.

二十世纪的胜利之一就是扩大了 生活。矛盾的是，寿命太长却是人们最关心的问题之一 老年。活得太久意味着什么？对于老年人来说，两 关键问题是健康和金融资产的充足性。 尽管平均预期寿命显着增加，但对于任何人来说 对于特定的人来说，未来仍然不确定——无论是在健康方面 以及生命本身的长度。从这个角度来说，活得太久 意味着生活健康状况不佳和/或没有足够的资源来维持 先前的消费水平，最坏的情况是长期健康不佳 和贫困。有关健康问题的文献在很大程度上被忽视了 资产管理和不确定的生活。然而，健康对于 储蓄和消费决策有多种方式。首先，它影响 工作和赚取收入的能力。其次，影响生活质量 以及所购买商品的价值。第三，虽然医疗保险覆盖面大 老年人的部分医疗费用，疾病仍然可能导致 大量的自付费用，特别是长期护理费用 年龄较大。最后，当前健康状况的变化是一个信号， 携带有关未来健康和死亡率的信息。 本子项目研究的重点是健康对储蓄和储蓄的影响。 退休人员的消费决策。我们调查的决策单位 是一个夫妻家庭，集中其幸存的资源 成员。我们关注家庭成员健康对健康的影响 家庭成员通过收入可获得的财务资源 和储蓄行为。我们研究健康、收入和储蓄的动态 随着时间的推移，使用收入动态面板研究的面板数据。