Using newly released China Health and Retirement Longitudinal Study (CHARLS),this paper explores impacting of health shocks on portfolio choice of elderly households in China.We divided health shocks into chronic health shocks and acute health shocks.The empirical results show that acute health shocks may cause elderly households to decrease the share of risky assets.Chronic health shocks may cause elderly households to invest less durable consumer assets and more in housing assets.Health shocks have different effects on different types of assets between urban and rural households
Though China has experienced substantial development in its financial markets, Chinese households’ p...
This thesis aims to explain the financial behavior of households and individuals in China, with a fo...
Do wealth shocks affect the health of the elderly in developed countries? The economic literature is...
Using newly released China Health and Retirement Longitudinal Study(CHARLS),this paper explores dete...
China’s health care reform of the 1990s has not yielded much success. The market-oriented health sys...
Background: As health care cost is taking an increasingly substantial proportion of national wealth,...
Using a health economics framework, we examined how both individual level investments at different l...
We use novel longitudinal data from 19 monthly waves of the Singapore Life Panel to examine the shor...
We use novel longitudinal data from 19 monthly waves of the Singapore Life Panel to examine the shor...
With the aging of China’s population and the expansion of household debt, the health of the elderly ...
The accelerated aging of China’s population will inevitably increase the burden of social retirement...
China’s health care reform of the 1990s has not yielded much success. The market-oriented health sys...
In this paper, we study how the portfolios of elderly U.S. households evolve after retirement, using...
China still relies on out-of-pocket (OOP) medical spending, having a high prevalence of catastrophic...
This study explores the impact of social pensions on risky household financial asset holding, taking...
Though China has experienced substantial development in its financial markets, Chinese households’ p...
This thesis aims to explain the financial behavior of households and individuals in China, with a fo...
Do wealth shocks affect the health of the elderly in developed countries? The economic literature is...
Using newly released China Health and Retirement Longitudinal Study(CHARLS),this paper explores dete...
China’s health care reform of the 1990s has not yielded much success. The market-oriented health sys...
Background: As health care cost is taking an increasingly substantial proportion of national wealth,...
Using a health economics framework, we examined how both individual level investments at different l...
We use novel longitudinal data from 19 monthly waves of the Singapore Life Panel to examine the shor...
We use novel longitudinal data from 19 monthly waves of the Singapore Life Panel to examine the shor...
With the aging of China’s population and the expansion of household debt, the health of the elderly ...
The accelerated aging of China’s population will inevitably increase the burden of social retirement...
China’s health care reform of the 1990s has not yielded much success. The market-oriented health sys...
In this paper, we study how the portfolios of elderly U.S. households evolve after retirement, using...
China still relies on out-of-pocket (OOP) medical spending, having a high prevalence of catastrophic...
This study explores the impact of social pensions on risky household financial asset holding, taking...
Though China has experienced substantial development in its financial markets, Chinese households’ p...
This thesis aims to explain the financial behavior of households and individuals in China, with a fo...
Do wealth shocks affect the health of the elderly in developed countries? The economic literature is...