Demand for health insurance and precautionary motives for savings among the elderly

Article Abstract:

The savings behavior of the elderly is examined against the functional relationship between health insurance purchases and individual capacity to self-insure. The Medicare and Medicaid programs are integrated into the evaluation of precautionary motives for saving. Precautionary behavior is observed among individuals involved with health insurance contracts. Such behavior is extended consistently in the case of individuals over-insured by Medicare.

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Life-cycle modeling of bequests and their impact on annuity valuation

Article Abstract:

Research is presented concerning the development of a standard life-cycle model which is influenced by a linear bequest motive in order to determine the effect of monetary gifts on the valuation of annuities.

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How well do children insure parents against low retirement income? An analysis using survey data from urban China

Article Abstract:

The effects of low retirement income of elderly on private transfers' behavior with relation to welfare of elderly are analyzed.

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