Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/30769
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: How Do Subjective Life Expectancies Compare with Mortality Tables? Similarities and Differences in Three National Samples
Author(s): Bell, David
Comerford, David
Douglas, Elaine
Contact Email: elaine.douglas@stir.ac.uk
Keywords: Subjective life expectancy
Perceived life expectancy
Survival
Issue Date: Jun-2020
Citation: Bell D, Comerford D & Douglas E (2020) How Do Subjective Life Expectancies Compare with Mortality Tables? Similarities and Differences in Three National Samples. Journal of the Economics of Ageing, 16, Art. No.: 100241. https://doi.org/10.1016/j.jeoa.2020.100241
Abstract: Estimates of personal longevity play a vital role in decisions relating to asset accumulation and decumulation. Subjective life expectancy (SLE) is a measure of individuals’ expectation of remaining years of life. Either explicitly or implicitly, it is a key determinant of consumption and savings behaviour, and may be guided by a person’s own health and health behaviours. The Gateway to Global Aging, a platform for the Health and Retirement Study’s (HRS) family of population surveys, provides harmonised longitudinal datasets for many countries, each based on individual survey responses from respondents aged 50 and above. In this paper, we analyse SLE three of these datasets: the English Longitudinal Study of Ageing (ELSA), The Irish Longitudinal Study of Ageing (TILDA) and Healthy Ageing in Scotland (HAGIS). First, we focus on measurement of SLE, followed by the SLE differential – the discrepancy between SLE and mortality risk indicated by population life tables. One novel finding from our analysis is that the SLE differential is positive for Ireland and is negative for Scotland and England. This difference does not appear to be explained by differences of survey design or population characteristics.
DOI Link: 10.1016/j.jeoa.2020.100241
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. Accepted refereed manuscript of: Bell D, Comerford D & Douglas E (2020) How Do Subjective Life Expectancies Compare with Mortality Tables? Similarities and Differences in Three National Samples. Journal of the Economics of Ageing, 16, Art. No.: 100241. https://doi.org/10.1016/j.jeoa.2020.100241 © 2020, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Licence URL(s): http://creativecommons.org/licenses/by-nc-nd/4.0/

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