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Life Insurance Demand under Health Shock Risk 

Kraft, Holger; Schendel, Lorenz S.; Steffensen, Mogens (2015-06-03)
This paper studies the life cycle consumption-investment-insurance problem of a family. The wage earner faces the risk of a health shock that significantly increases his probability of dying. The family can buy long-term ...
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Consumption-Investment Problems with Stochastic Mortality Risk 

Schendel, Lorenz S. (2014-03-03)
I numerically solve realistically calibrated life cycle consumption-investment problems in continuous time featuring stochastic mortality risk driven by jumps, unspanned labor income as well as short-sale and liquidity ...
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Critical Illness Insurance in Life Cycle Portfolio Problems 

Schendel, Lorenz S. (2014-03-03)
I analyze a critical illness insurance in a consumption-investment model over the life cycle. I solve a model with stochastic mortality risk and health shock risk numerically. These shocks are interpreted as critical illness ...
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When Should Retirees Tap Their Home Equity? 

Hambel, Christoph; Kraft, Holger; Meyer-Wehmann, André (2020-10-28)
This paper studies a household’s optimal demand for a reverse mortgage. These contracts allow homeowners to tap their home equity to finance consumption needs. In stylized frameworks, we show that the decision to enter a ...
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PSID 

Unknown author
The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world. The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families ...
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HUD 

Unknown author
The Department of Housing and Urban Development administers programs that provide housing and community development assistance. The Department also works to ensure fair and equal housing opportunity for all.
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Damodaran 

Unknown author
Welcome to my data page. This page contains links to almost everything you ever wanted to know about the data that is available on my site (and more). I have broken the page down into five constituent parts to make it more ...
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ZfKD 

Unknown author
Das Zentrum für Krebsregisterdaten (ZfKD) im Robert Koch-Institut in Berlin führt die Daten der epidemiologischen Landes­krebs­register auf Bundesebene zusammen.
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USCS 

Unknown author
The United States Cancer Statistics are the official government statistics on cancer. These statistics include cancer registry data from CDC’s National Program of Cancer Registries (NPCR) and the National Cancer Institute’s ...
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SSA 

Unknown author
Since 2009, we have identifying high value data of particular interest to the public. Social Security has a long history of collecting data to carry out our mission so there is a treasure trove of information available for ...
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AuthorSchendel, Lorenz S. (3)Kraft, Holger (2)Hambel, Christoph (1)... View MoreResearch AreaHousehold Finance (11)Macro Finance (2)Macro and Finance (1)... View MoreJEL Classification
G11 (11)
D14 (8)D91 (7)... View MoreTopic
Consumption (11)
Household Finance (11)
Monetary Policy (11)
Keywordlabor income risk (6)portfolio choice (6)health shocks (5)... View MoreDate Issued2014 (2)2015 (1)2020 (1)Has File(s)Yes (7)No (4)
© 2021  SAFE  hebis Logo
Leibniz Gemeinschaft
About  Data Protection