Closing down the shop: Optimal health and wealth dynamics near the end of life.
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DOI: 10.1002/hec.3960
Abstract: Near the end of life, health declines, mortality risk increases, and curative care is replaced by uninsured long-term care, accelerating the fall in wealth. Whereas standard explanations emphasize inevitable aging processes, we propose a complementary… read more here.
Keywords: wealth; health; end life; near end ... See more keywords