The Economics of Individual and Population Aging ( Cambridge Surveys of Economic Literature )

Publication series :Cambridge Surveys of Economic Literature

Author: Robert L. Clark; Joseph J. Spengler  

Publisher: Cambridge University Press‎

Publication year: 1980

E-ISBN: 9780511866142

P-ISBN(Paperback): 9780521297028

Subject: C913.5 adolescent problems

Keyword: 经济政策理论

Language: ENG

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The Economics of Individual and Population Aging

Description

This study aims to identify and describe the principle economic issues associated with individual and population ageing. In addition, the study surveys and assess the existing knowledge - including research by scholars of many countries and different fields in the social sciences - of the economic and social problems associated with ageing. Although the study covers a wide range of issues, it focuses primarily on the economic complexities of individual ageing and the macro-economic problems that arise from age-structure changes in the population. The authors, giving examples from many countries, trace the development of concern for population ageing and examine theoretical concepts and changing demographic conditions. Cross-national econometric studies are cited along with time series and cross-sectional research on individual countries. In assessing the state of the literature on the economic problems of ageing, the authors have attempted to indicate fruitful avenues for further research.

Chapter

Life expectancy and age composition

Immigration and age composition

Pre-1950 trends in population aging

Limits to aging trend

Current prospect

3 Population aging and dependency

Recognition of population aging prior to 1950

Increases in the cost of support programs for the elderly

Age structure changes and the responsiveness of the labor force

4 Economic status of the elderly

Income of the aged

Income sources and their importance

Replacement rates by income sources

Inflation and the income of the aged

Further population aging and economic status of the elderly

5 Age and economic activities: life-cycle patterns

Economic stages of human development

Age, productivity, work capacity, and job performance

Age earnings profiles: saving

Consumption and saving

Life-cycle models

6 Labor supply of the elderly

Applying labor supply models to older workers

Labor supply, retirement, and inconsistencies in the literature

Data sources

Factors influencing the labor supply of the elderly

Pension-related incentives

7 Personal and market characteristics affecting retirement

Health

Economy characteristics

Other financial variables

Family and individual characteristics

A summing up

8 Pensions and the economy

Social security

Private pensions

Problems

9 Macroeconomic response to age-structural change

Age and productivity

Age and mobility

Age and consumption

Aging and saving

Aging and investment

Population aging and support of retirees

10 Conclusion

Notes

Bibliography

Index

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