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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26879 |
来源ID | Working Paper 26879 |
Medical Spending, Bequests, and Asset Dynamics Around the Time of Death | |
John Bailey Jones; Mariacristina De Nardi; Eric French; Rory McGee; Rachel Rodgers | |
发表日期 | 2020-03-23 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Using data from the Health and Retirement Survey, we document the changes in assets that occur before a person's death. Applying an event study approach, we find that during the 6 years preceding their deaths, the assets of single decedents decline, relative to those of similar single survivors, by an additional $20,000 on average. Over the same time span, the assets of couples who lose a spouse fall, relative to those of similar surviving couples, by an additional $90,000 on average. Households experiencing a death also incur higher out-of-pocket medical spending and other end-of-life expenses. This elevated spending is sufficient to explain (in accounting terms) the asset declines observed for singles but falls short of explaining the declines observed for couples. Bequests from the dying spouse to non-spousal heirs such as children are more than sufficient to explain the remainder. |
主题 | Microeconomics ; Households and Firms |
URL | https://www.nber.org/papers/w26879 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584552 |
推荐引用方式 GB/T 7714 | John Bailey Jones,Mariacristina De Nardi,Eric French,et al. Medical Spending, Bequests, and Asset Dynamics Around the Time of Death. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26879.pdf(296KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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