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Methodological Issues in Using a Decedent Cohort to Estimate Experience of Current and Future Cohorts of Elderly

Pursuant to this grant, the researchers will extend earlier work examining patterns in mortality and disability experience related to characteristics such as income, education, marital status, and gender. The researchers will refine the weighting procedures that they have developed in order to use data from the National Mortality Followback Study to examine these issues. In particular, using additional data from the Census Bureau and the National Center for Health Statistics, they will develop a procedure to compute a set of weights that will enable them to more accurately estimate relationships between education and longevity. Development of these weights, and further technical adjustments, will enable them to produce significantly more accurate estimates of mortality and disability incidence on the basis of the socioeconomic characteristics of interest.

Grants in Progress
 
Attention, Anxiety, Advice, and Portfolio Choice
Andrew Caplin, New York University
John Leahy, Boston University
John Ameriks, TIAA-CREF Institute
 
Taxes, Estate Planning and Financial Theory: New Insights and Perspectives
Chester Spatt, Carnegie Mellon University
Robert Dammon, Carnegie Mellon University
Harold Zhang, University of North Carolina at Chapel Hill
 
Integration of the Life Annuity and Long-term Care Insurance: Theory, Evidence, Practice, and Policy
Christopher Murtaugh, Center for Home Care Policy and Research, Visiting Nurse Service of New York
Brenda Spillman, Urban Institute
Mark Warshawsky, TIAA-CREF Institute
 
Bond Portfolio Immunization: Existence of Solutions, Second Order Conditions and Optimization
Olivier de la Grandville, University of Geneva
Anthony Pakes, University of Western Australia
 
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