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Differential Mortality and Wealth Accumulation
Hoynes, Hilary. “Differential Mortality and Wealth Accumulation,” Journal of Human Resources, Volume 35, Number 1, pp. 1-29, Winter 2000 (with Orazio Attanasio).
Abstract
In this paper, we examine the role played by differential mortality in esti- mates of life cycle wealth profiles. Our study makes three contributions. First, we show that the Survey of Income and Program Participation (SIPP) provides reliable data on mortality as compared to the US life ta- ble data. Second, we provide estimates of the relationship between mortal- ity and wealth and show strong evidence of differential mortality. Lastly, and most importantly, we show that the differences in mortality by wealth-age profiles.