G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w0811
来源IDWorking Paper 0811
Pensions and Mortality
Paul J. Taubman
发表日期1981-12-01
出版年1981
语种英语
摘要Pensions and age specific death rates are intertwined in several ways. Pensions provide a mechanism to remove the uncertainty about date of death from consumption planning. Age specific death rates determine the cost and value of pensions. In this paper, we use the Retirement History Survey to estimate reduced form functions for the probability of having a pension when the person reaches 65 and on the dollar amount of the pension. We also evaluate the effect of 15% drop in age specific death rates from 1973 to 1979 on the costs of a pension. We find that the probability of having a pension is related to education, marital status, occupation, industry and assets. The probability equation is very similar for males and females. We find that the sharp drop in death rates has only a marginal impact on the cost of providing a pension.
主题Public Economics ; Macroeconomics
URLhttps://www.nber.org/papers/w0811
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/558023
推荐引用方式
GB/T 7714
Paul J. Taubman. Pensions and Mortality. 1981.
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