Sheraton Uptown, Albuquerque, NM, USA
Saturday, April 22 • 4:30pm - 5:30pm
204-Subjective Life Expectancy and Consumption Behavior: Evidence from the Korean Longitudinal Study of Aging (KLoSA)

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This study investigates how subjective life expectancy affects consumption expenditure among the elderly in Korea. The literature has documented that consumption and saving choices vary with subjective life expectancy in a way that is consistent with the life-cycle hypothesis. This study examines this hypothesis using the Korean Longitudinal Study of Aging (KLoSA), which closely follows the sample design of the Health and Retirement Study in the U.S. The main result of this study is that consumption decreases with higher subjective life expectancy, consistent with the life-cycle hypothesis._x000D_

Speakers & Presenters
avatar for Patryk Babiarz

Patryk Babiarz

Assistant Professor, University of Georgia

Young Joo Choung

Doctoral Candidate, University of Georgia

Saturday April 22, 2017 4:30pm - 5:30pm