Date of Award

1-1-2013

Language

English

Document Type

Dissertation

Degree Name

Doctor of Philosophy (PhD)

College/School/Department

Department of Economics

Content Description

1 online resource (xi, 138 pages) : illustrations (some color)

Dissertation/Thesis Chair

John Bailey Jones

Committee Members

Pinka Chatterji, Fang Yang

Keywords

Dynamic portfolio choices, Housing, Medical expenses, Probability of default, Qualitative choice model, Retirement wealth, Asset allocation, Retirement income, Older people

Subject Categories

Economics | Finance and Financial Management

Abstract

With baby-boomers approaching their retirement age, the financial security of elderly Americans has become increasingly crucial for both policy-makers and retirees themselves. Based on the data from the Health and Retirement Survey (HRS), this dissertation examines how healthcare costs and housing affect retirees' saving and investment decisions.

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