20 Pages Posted: 11 Aug 2009
Date Written: December 12, 2006
This paper uses data from SHARE 2004 to analyze one possible causal pathway of the health-wealth gradient, namely differences in the marginal propensity to save and spend across different health states. Conditional on age and current wealth, I find weak relationships between health and the intended use of a hypothetical windfall gift as well bequest expectations. The overall effect of health on wealth through this link is positive but very small.
Keywords: socio-economic differences in health, savings, bequest expectations
JEL Classification: I12, J14
Suggested Citation: Suggested Citation
Jürges, Hendrik, Does Ill Health Affect Savings Intentions? Evidence from SHARE (December 12, 2006). MEA Discussion Paper No. 139-07. Available at SSRN: https://ssrn.com/abstract=1445348 or http://dx.doi.org/10.2139/ssrn.1445348