Publication detail

Health Status as a Determinant for Pre-Retirement Savings

Author(s): PhDr. Jana Votápková Ph.D., Pavlina Zilova
Type: IES Working Papers
Year: 2017
Number: 10
Published in: IES Working Papers 10/2017
Publishing place: Prague
Keywords: Health status, savings, Czech Republic, 2SLS, SHARE Dataset
JEL codes: D14, I15
Suggested Citation: Votapkova J., Zilova P. (2017). ”Health Status as a Determinant for Pre-Retirement Savings” IES Working Paper 10/2017. IES FSV. Charles University.
Grants: GAUK 336215 Health Status and Savings: Are Preventive Health Programs Important for Economic Growth?
Abstract: The paper aims to find out whether health status determines the level of liquid savings among a pre-retirement (50-60 years old) segment of the Czech population as retrieved from the SHARE (Survey of Health, Aging and Retirement in Europe) database, Wave 5 using a 2SLS methodology. Other demographic, health and economic characteristics are considered. We find a significant positive relationship between health and savings. It suggests that careful design of preventive health programs could ease the public pension system because if healthy, individuals could secure themselves for retirement.
Downloadable: wp_2017_10_votapkova




Patria Finance