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2010-08-04Buch DOI: 10.18452/4268
Stochastic Mortality, Subjective Survival Expectations, and Individual Saving Behavior
dc.contributor.authorPost, Thomas
dc.contributor.authorHanewald, Katja
dc.date.accessioned2017-06-16T00:11:26Z
dc.date.available2017-06-16T00:11:26Z
dc.date.created2010-09-09
dc.date.issued2010-08-04
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4920
dc.description.abstractTheoretical studies suggest that unexpected changes in future mortality and survival probabilities (stochastic mortality) are important determinants of individuals’ decisions about consumption, saving, asset allocation, and retirement timing. Using data on subjective survival expectations elicited in the Survey of Health, Ageing and Retirement in Europe (SHARE) and corresponding life table data from the Human Mortality Database (HMD), we find evidence of respondents’ awareness of stochastic mortality. We also find that respondents’ saving behavior is influenced by stochastic mortality perceptions.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.subjectstochastic mortalityeng
dc.subjectsubjective survival expectationseng
dc.subjectforecast dispersioneng
dc.subjectsavings behavioreng
dc.subject.ddc330 Wirtschaft
dc.titleStochastic Mortality, Subjective Survival Expectations, and Individual Saving Behavior
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-100174462
dc.identifier.doihttp://dx.doi.org/10.18452/4268
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages37
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2010
local.edoc.container-issue40
local.edoc.container-year2010
local.edoc.container-erstkatid2195055-6

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