Health, Education, and the Postretirement Evolution of Household Assets
Steven Venti and
David A. Wise
Journal of Human Capital, 2013, vol. 7, issue 4, 297 - 339
We explore the relationship between education and the evolution of wealth after retirement. Asset growth following retirement depends in part on health capital and financial capital accumulated prior to retirement, which in turn are strongly related to educational attainment. These "initial conditions" at retirement can have a lingering effect on subsequent asset evolution. We aim to disentangle the effects of education that operate through health and financial pathways prior to retirement from the effects of education that impinge directly on asset evolution after retirement. We find a substantial effect of education on asset growth through each of the pathways.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12) Track citations by RSS feed
Downloads: (external link)
Access to the online full text or PDF requires a subscription.
Working Paper: Health, Education, and the Post-Retirement Evolution of Household Assets (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ucp:jhucap:doi:10.1086/673207
Access Statistics for this article
More articles in Journal of Human Capital from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().