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The Limited power of socioeconomic status to predict lifespan : Implications for pension policy

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
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001  MAP20210032837
003  MAP
005  20211117132108.0
008  211117e20211011gbr|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎40
1001 ‎$0‎MAPA20210035777‎$a‎Baurin, Arno
24510‎$a‎The Limited power of socioeconomic status to predict lifespan‎$b‎: Implications for pension policy‎$c‎Arno Baurin
520  ‎$a‎Differences in life expectancy across socioeconomic status are well known and many economists argue that they should be taken into account when designing pension systems. This paper analyses the relevance of using socioeconomic characteristics to differentiate the retirement age. Using US mortality rates assembled by Chetty et al. (2016), we simulate the lifespan distribution both across and within socioeconomic categories. Then, we analyze these categories' ability to predict the lifespan of individuals. Results suggest that socioeconomic status has a relatively limited predictive power, due to the huge lifespan heterogeneity within each of them.
650 4‎$0‎MAPA20080580377‎$a‎Esperanza de vida
650 4‎$0‎MAPA20080609382‎$a‎Análisis socioeconómico
650 4‎$0‎MAPA20080555306‎$a‎Mortalidad
650 4‎$0‎MAPA20200021438‎$a‎Ageingnomics. Economia senior
651 1‎$0‎MAPA20080638337‎$a‎Estados Unidos
7730 ‎$w‎MAP20210010194‎$g‎11/10/2021 Volumen 20 - 2021 , 13 p.‎$t‎The Journal of the economics of ageing ‎$d‎Oxford : Elsevier ScienceDirect, 2021-