Does ill health affect savings intentions? Evidence from SHARE

Jürges, Hendrik

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URL:	https://ub-madoc.bib.uni-mannheim.de/1546
URN:	urn:nbn:de:bsz:180-madoc-15461
Document Type:	Working paper
Year of publication:	2007
The title of a journal, publication series:	MEA Discussion Papers
Volume:	139
Place of publication:	Mannheim
Publication language:	English
Institution:	School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series:	Veröffentlichungen des MEA (Mannheim Research Institute For the Economics of Aging) > MEA Discussion Papers
Subject:	300 Social sciences, sociology, anthropology
Classification:	JEL: J14 I12 ,
Subject headings (SWD):	SHARE <Projekt> , Gesundheitsökonomie , Wohlfahrtstheorie , Sparen , Erbschaft
Keywords (English):	Socio-economic differences in health , Savings , Bequest expectations
Abstract:	This paper uses data from SHARE 2004 to analyze one possible causal pathway of the health-wealth gradient, namely differences in the marginal propensity to save and spend across different health states. Conditional on age and current wealth, I find weak relationships between health and the intended use of a hypothetical windfall gift as well bequest expectations. The overall effect of health on wealth through this link is positive but very small.