Lifetime earnings and life expectancy


Gaudecker, Hans-Martin von ; Scholz, Rembrandt D.


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URL: https://ub-madoc.bib.uni-mannheim.de/2562
URN: urn:nbn:de:bsz:180-madoc-25628
Document Type: Working paper
Year of publication: 2006
The title of a journal, publication series: Working paper series / Sonderforschungsbereich 504, Rationalitätskonzepte, Entscheidungsverhalten und Ökonomische Modellierung
Volume: 07-05
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Sonderforschungsbereich 504 > Rationalitätskonzepte, Entscheidungsverhalten und ökonomische Modellierung (Laufzeit 1997 - 2008)
Subject: 300 Social sciences, sociology, anthropology
Subject headings (SWD): Deutschland <Östliche Länder> , Deutschland <Westliche Länder> , Pensionierung , Lebenserwartung
Abstract: We estimate remaining life expectancy at age 65 using a very large sample of male German pensioners. Our analysis is entirely nonparametric. Furthermore, the data enable us to compare life expectancy in eastern and western Germany conditional on a measure of socio-economic status. Our findings show a lower bound of almost fifty percent (six years) on the difference in remaining life expectancy between the lowest and the highest socio-economic group considered. Within groups, we find similar values for East and West. Our analysis contributes to the literature in several aspects. First, Germany is clearly underrepresented in differential mortality studies. Second, we are able to use a novel measure of lifetime earnings as a proxy for socio-economic status that remains valid for retired people. Third, the comparison of eastern and western Germany may provide some interesting insights for transformation countries.
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Gaudecker, Hans-Martin von ; Scholz, Rembrandt D. (2006) Lifetime earnings and life expectancy. Open Access Working paper series / Sonderforschungsbereich 504, Rationalitätskonzepte, Entscheidungsverhalten und Ökonomische Modellierung Mannheim 07-05 [Working paper]
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