Topics in the economics of aging / edited by David A. Wise.

Format:

Book

Contributor:

Wise, David A.

National Bureau of Economic Research.

Series:

National Bureau of Economic Research project report.

National Bureau of Economic Research project report

Language:

English

Subjects (All):

Older people--United States--Economic conditions--Congresses.

Older people.

Older people--Economic conditions--Congresses.

Old age--Economic aspects--United States--Congresses.

Old age.

Old age--Economic aspects--Congresses.

Retirement--Economic aspects--United States--Congresses.

Retirement.

Retirement--Economic aspects--Congresses.

Physical Description:

1 online resource (328 pages)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 1992.

Language Note:

English

Summary:

The original essays and commentary in this volume-the third in a series reporting the results of the NBER Economics of Aging Program-address issues that are of particular importance to the well-being of individuals as they age and to a society at large that is composed increasingly of older persons. The contributors examine social security reform, including an analysis of the Japanese system; present the startling finding that the vast majority of people choose the wrong accumulation strategies for their pension plans; explore the continuing consequences of the decline in support of parents by children in the postwar period; investigate the relation between nursing home stays and the source of payment for the care; and offer initial findings on the implications of differences between developed and developing countries for understanding aging issues and determining appropriate directions for research.

Contents:

Front matter

Contents

Acknowledgments

Introduction

1 Three Models of Retirement Computational Complexity versus Predictive Validity

2 Stocks, Bonds, and Pension Wealth

3 Health, Children, and Elderly Living Arrangements A Multiperiod-Multinomial Probit Model with Unobserved Heterogeneity and Autocorrelated Errors

4 The Provision of Time to the Elderly by Their Children

5 Wealth Depletion and Life-Cycle Consumption by the Elderly

6 Patterns of Aging in Thailand and CBte d'Ivoire

7 Changing the Japanese Social Security System from Pay as You Go to Actuarially Fair

8 Payment Source and Episodes of Institutionalization

9 Incentive Regulation of Nursing Homes Specification Tests of the Markov Model

Contributors

Author Index

Subject Index

Notes:

Papers presented at a conference held in Carefree, Arizona, Apr. 5-7, 1990.

Includes bibliographical references and indexes.

ISBN:

9786611431198

9781281431196

1281431192

9780226903347

0226903346

OCLC:

476229864