Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/174203 
Year of Publication: 
2017
Series/Report no.: 
IES Working Paper No. 10/2017
Publisher: 
Charles University in Prague, Institute of Economic Studies (IES), Prague
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.
Subjects: 
health status
savings
Czech Republic
2SLS
SHARE dataset
JEL: 
D14
I15
Document Type: 
Working Paper

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