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Perspectives on the Economics of Aging

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  • Wise, David A.

Abstract

This book investigates several important issues in the economics of aging, including the accumulation of wealth and the relationship between health and financial prosperity. Examining the changes in savings behavior and investment priorities in the United States over the past few decades, contributors to the volume point to a dramatic shift from employer-managed, defined benefit pensions to employee-controlled retirement savings plans. Further, the legislative reforms of the 1980s and the booming stock market of the 1990s did their share to influence individual wealth accumulation patterns of Americans. These studies also explore the relationship between health status and economic status. Considering issues like pension income and health, mortality, and medical care, contributors present evidence from the United States, Britain, South Africa, and Russia. The volume culminates with wide-ranging discussions on a number of key topics in the field including the innovations that have contributed to a decline in mortality rates; the various medical advances that have benefited populations over time; and the determinants of expenditures on health. The findings with regard to cross-sectional differences in health outcomes and health care utilization also pose troubling questions for policymakers seeking to democratize health care across regions and races.

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Bibliographic Info

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This book is provided by University of Chicago Press in its series National Bureau of Economic Research Books with number 9780226903057 and published in 2004.

Edition: 1
ISBN: 9780226903057
Order: http://press.uchicago.edu/ucp/books/book/isbn/9780226903057.html
Handle: RePEc:ucp:bknber:9780226903057

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Web page: http://press.uchicago.edu

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Cited by:
  1. Wise, David Alsgaard & Poterba, James M. & Venti, Steven F., 2011. "The Drawdown of Personal Retirement Assets," Scholarly Articles, Harvard Kennedy School of Government 4677548, Harvard Kennedy School of Government.
  2. James J. Choi & David Laibson & Brigitte C. Madrian & Andrew Metrick, 2009. "Reinforcement Learning and Savings Behavior," Journal of Finance, American Finance Association, American Finance Association, vol. 64(6), pages 2515-2534, December.
  3. James M. Poterba & Steven F. Venti & David A. Wise, 2012. "Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts," NBER Working Papers, National Bureau of Economic Research, Inc 17824, National Bureau of Economic Research, Inc.
  4. Steven F. Venti, 2010. "Comment on "Housing Price Volatility and Downsizing in Later Life"," NBER Chapters, National Bureau of Economic Research, Inc, in: Research Findings in the Economics of Aging, pages 379-384 National Bureau of Economic Research, Inc.
  5. John Beshears & James J. Choi & David Laibson & Brigitte C. Madrian & Katherine L. Milkman, 2011. "The Effect of Providing Peer Information on Retirement Savings Decisions," NBER Working Papers, National Bureau of Economic Research, Inc 17345, National Bureau of Economic Research, Inc.
  6. James M. Poterba & Steven F. Venti & David A. Wise, 2010. "The Rise of 401(k) Plans, Lifetime Earnings, and Wealth at Retirement," NBER Chapters, National Bureau of Economic Research, Inc, in: Research Findings in the Economics of Aging, pages 271-304 National Bureau of Economic Research, Inc.

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