Retired households, especially those with high lifetime income, decumulate their wealth very
slowly, and many die leaving large estates. The three leading explanations for the …

The so‐called retirement‐savings puzzle is a phenomenon by which, contrary to what the
standard life‐cycle model predicts, households do not run down their wealth significantly …

We propose a dynamic non-cooperative framework for long-term-care (LTC) decisions of
families and use it to evaluate LTC policy options for the US We first document the …

Informal care provided by adult children substitutes for formal long-term care services.
However, information about children is not used in pricing long-term care insurance which …

We study the effect of hospital admissions for specific conditions on wealth for the Dutch
population aged 70–79. We consider 14 disease groups that affect mortality and disability to …

We estimate a dynamic structural model of labor supply, retirement, and informal care
supply, incorporating labor market frictions and the German tax and benefit system. We find …

Using data from the Health and Retirement Study (1994–2012), we studied the association
between adult children's education and financial and caregiving support they provided to …

ABSTRACT I contribute new evidence on altruistic preferences in intergenerational transfers
using variation in Social Security benefits induced by an inflationindexing mistake. The …

How do housing and family shape the savings, spending, and inter-generational transfer
behaviour of the elderly? Using the Health and Retirement Study, we document that inter …

While the literature shows that elderly parents may use bequests to reward children who
provide them with time support, there is limited evidence on whether younger, less needy …