The cost of uncertain life span:
"A considerable amount of uncertainty surrounds life expectancy at birth, the average length of life. The standard deviation in adult life spans is about 15 years in the U.S., and theory and evidence suggest it is costly. In this paper, I calibrate a standard intertemporal model to show that on...
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| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2008
|
| Series: | Working paper series / National Bureau of Economic Research
14093 |
| Links: | http://papers.nber.org/papers/w14093.pdf |
| Summary: | "A considerable amount of uncertainty surrounds life expectancy at birth, the average length of life. The standard deviation in adult life spans is about 15 years in the U.S., and theory and evidence suggest it is costly. In this paper, I calibrate a standard intertemporal model to show that one less year in standard deviation is worth about half a mean life year. Differences in the standard deviation amplify measured differences in life expectancy between the U.S. and other industrialized countries, and accounting for historical gains against the standard deviation raises the total value of mortality declines during the last century by about 25 percent"--National Bureau of Economic Research web site |
| Physical Description: | 38 S. graph. Darst. 22 cm |
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| illustrated | Illustrated |
| indexdate | 2024-12-20T13:23:21Z |
| institution | BVB |
| language | English |
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| physical | 38 S. graph. Darst. 22 cm |
| publishDate | 2008 |
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| spelling | Edwards, Ryan D. Verfasser aut The cost of uncertain life span Ryan D. Edwards Cambridge, Mass. National Bureau of Economic Research 2008 38 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 14093 "A considerable amount of uncertainty surrounds life expectancy at birth, the average length of life. The standard deviation in adult life spans is about 15 years in the U.S., and theory and evidence suggest it is costly. In this paper, I calibrate a standard intertemporal model to show that one less year in standard deviation is worth about half a mean life year. Differences in the standard deviation amplify measured differences in life expectancy between the U.S. and other industrialized countries, and accounting for historical gains against the standard deviation raises the total value of mortality declines during the last century by about 25 percent"--National Bureau of Economic Research web site Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 14093 (DE-604)BV002801238 14093 http://papers.nber.org/papers/w14093.pdf kostenfrei Volltext |
| spellingShingle | Edwards, Ryan D. The cost of uncertain life span |
| title | The cost of uncertain life span |
| title_auth | The cost of uncertain life span |
| title_exact_search | The cost of uncertain life span |
| title_full | The cost of uncertain life span Ryan D. Edwards |
| title_fullStr | The cost of uncertain life span Ryan D. Edwards |
| title_full_unstemmed | The cost of uncertain life span Ryan D. Edwards |
| title_short | The cost of uncertain life span |
| title_sort | the cost of uncertain life span |
| url | http://papers.nber.org/papers/w14093.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT edwardsryand thecostofuncertainlifespan |