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Mortality and Lifetime Income: Evidence from U.S. Social Security Records
Author:
John S. Greenleesnull

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,
James E. Duggannull

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, and
Mr. Robert Gillingham
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Series:
IMF Working Papers
Volume/Issue:
Volume 2007: Issue 015
Language:
English
Publication Date:
01 Jan 2007
DOI:
https://doi.org/10.5089/9781451865790.001
ISBN:
9781451865790
ISSN:
1018-5941
Pages:
20
Keywords:
WP; earnings; mortality rate; worker
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Studies of the empirical relationship between income and mortality often rely on data aggregated by geographic areas and broad population groups and do not distinguish disabled and nondisabled persons. We investigate the relationship between individual mortality and lifetime income with a large micro data base of current and former retired participants in the U. S. Social Security system. Logit models by gender and race confirm a negative relationship. Differences in age of death between low and high lifetime income are on the order of two to three years. Income-related mortality differences between blacks and whites are largest at low-income levels while gender differences appear to be large and persistent across income levels.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2007: Issue 015