scholarly journals The Wealth Decumulation Behavior of the Retired Elderly in Japan: The Relative Importance of Precautionary Saving and Bequest Motives

2018 ◽  
Author(s):  
Yoko Niimi ◽  
Charles Yuji Horioka
Keyword(s):  
Precautionary Saving ◽  
Relative Importance ◽  
Bequest Motives ◽  
Wealth Decumulation

scholarly journals Incidental Bequests and the Choice to Self-Insure Late-Life Risks

2018 ◽  
Vol 108 (9) ◽  
pp. 2513-2550 ◽  
Author(s):  
Lee M. Lockwood
Keyword(s):  
Long Term Care ◽  
Precautionary Saving ◽  
Term Care ◽  
Luxury Goods ◽  
Bequest Motives ◽  
Long Term Care Insurance ◽  
Standard Life ◽  
Care Costs ◽  
Well Models

Despite facing significant uncertainty about their lifespans and health care costs, most retirees do not buy annuities or long-term care insurance. In this paper, I find that retirees’ saving and insurance choices are highly inconsistent with standard life-cycle models in which people care only about their own consumption but match well models in which bequests are luxury goods. Bequest motives tend to reduce the value of insurance by reducing the opportunity cost of precautionary saving. The results suggest that bequest motives significantly increase saving and significantly decrease purchases of long-term care insurance and annuities. (JEL D14, D15, D64, G22, H55, J26)

The relative importance of luminal and systemic signals in the control of intestinal iron absorption

2001 ◽  
Vol 120 (5) ◽  
pp. A678-A679
Author(s):  
G ANDERSON ◽  
S WILKINS ◽  
T MURPHY ◽  
G CLEGHORN ◽  
D FRAZER
Keyword(s):  
Iron Absorption ◽  
Relative Importance ◽  
Intestinal Iron Absorption ◽  
Systemic Signals

Investigating the Relative Importance of Individual Variables and Variable Subsets in Discriminant Analysis

1973 ◽  
Vol 2 (3) ◽  
pp. 205-219 ◽  
Author(s):  
Robert Eisenbeis ◽  
Gary Gilbert ◽  
Robert Avery
Keyword(s):  
Discriminant Analysis ◽  
Relative Importance ◽  
Individual Variables

The Relative Importance of Probabilities and Payoffs in Risk Taking

1967 ◽  
Author(s):  
Paul Slovic ◽  
Sarah Lichtenstein
Keyword(s):  
Risk Taking ◽  
Relative Importance
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