Differential Mortality, Uncertain Medical Expenses, and the Saving of Elderly Singles

Mariacristina De Nardi, Eric French, John Bailey Jones

NBER Working Paper No. 12554
Issued in October 2006

---- Acknowledgements -----

We thank Marco Cagetti, Luigi Pistaferri, seminar participants at the Chicago Fed, Western Michigan and the Conference on Structural Models in Labor, Aging, and Health, and especially Michael Hurd for useful comments. Olga Nartova and Annie Fang Yang provided excellent research assistance. Mariacristina De Nardi: Federal Reserve Bank of Chicago, NBER, and University of Minnesota, denardim@nber.org. Eric French: Federal Reserve Bank of Chicago, efrench@frbchi.org. John Bailey Jones: University at Albany, SUNY, jbjones@albany.edu. De Nardi gratefully acknowledges financial support from NSF grant SES-317872. The views of this paper are those of the authors and not necessarily those of the Federal Reserve Bank of Chicago or the Federal Reserve System. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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