Incidental Bequests and the Choice to Self-Insure Late-Life Risks
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Despite facing significant uncertainty about their lifespans and health care costs, most retirees do not buy annuities or long-term care insurance. In this paper, I find that retirees' saving and insurance choices are highly inconsistent with standard life cycle models in which people care only
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美国国家经济研究局创建时间:
2014-12-01



