1st Edition
The Routledge Handbook of the Economics of Ageing
Ageing populations pose some of the foremost global challenges of this century. Drawing on an international pool of scholars, this cutting-edge Handbook surveys the micro, macro and institutional aspects of the economics of ageing.
Structured in seven parts, the volume addresses a broad range of themes, including health economics, labour economics, pensions and social security, generational accounting, wealth inequality and regional perspectives. Each chapter combines a succinct overview of the state of current research with a sketch of a promising future research agenda.
This Handbook will be an essential resource for advanced students, researchers and policymakers looking at the economics of ageing across the disciplines of economics, demography, public policy, public health and beyond.
Chapter 37 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution (CC-BY) 4.0 license.
1 Introduction
David E. Bloom, Alfonso Sousa-Poza, and Uwe Sunde
Part I Health
2 Modeling the Impact of Population Aging on Future Fiscal Obligations
Jay Bhattacharya
3 Medical Innovations and Ageing: A Health Economics Perspective
Volker Grossmann
4 Medical Progress, Aging, and Sustainability of Health Care Finance
Michael Kuhn
5 Technologies to Mitigate Cognitive Aging
Neil Charness
6 Gender, Aging, and Health
Xiaoyan Lei and Yuqi Ta
7 Economics of Disease Prevention in the Elderly
JP Sevilla
8 The Economics of Long-Term Care
David N. F. Bell and Elizabeth Lemmon
9 Spousal Health and Assortative Matching
Iris Kesternich, Bettina Si_inger, and James P. Smith
10 Mental Health and Illness in Aging
Sherry Glied, Carolyn D. Gorman, and Richard Frank
Part II Pensions and Social Security
11 Social Security Reforms in Heterogeneous Aging Populations
Miguel Sánchez-Romero and Alexia Prskawetz
12 Economic Preparation for Retirement
Michael D. Hurd and Susann Rohwedder
13 Pension Policy in Emerging Asian Economies with Population Aging: What Do We Know, Where ShouldWe Go?
George Kudrna, Philip O’Keefe, and John Piggott
14 Trends in Pension Reforms in OECD Countries
Hervé Boulhol, Maciej Lis, and Monika Queisser
Part III Income and Economic Growth
15 Economic Growth, Intergenerational Transfers, and Population Aging
Ronald Lee
16 Consumption, Saving, and Wealth Accumulation at Old Age: Comparing Evidence
from Developed and Developing Countries
Marco Angrisani, Jinkook Lee, and Giacomo Rebellato
17 Automation and aging
Ana L. Abeliansky and Klaus Prettner
18 Working Life—Labor Supply, Aging, and Longevity
Andrew J. Scott
19 Education and Aging: Human Capital Investments and Aging
Andries de Grip and Raymond Montizaan
Part IV Work and Employment
20 The Employment of OlderWorkers
Hippolyte d’Albis
21 Retirement and Health
Jan C. van Ours
22 The Relevance of Cognition in the Context of Population Aging
Bernt Bratsberg, Ole Røgeberg and Vegard Skirbekk
23 Productivity in an AgingWorld
Axel Börsch-Supan and Matthias Weiss
24 Population Aging and Gender Gaps: Labor Market, Family Relationships, and Public
Policy
Paola Profeta
Part V Data and Measurement
25 Measuring Aging
Holger Strulik
26 The Health and Retirement Study
John W.R. Phillips and David R. Weir
27 National Transfer Accounts and the Economics of Aging
Andrew Mason
28 Aging and Dependency
Warren C. Sanderson and Sergei Scherbov
29 Patterns of Time Use Among Older People
Maddalena Ferranna, JP Sevilla, Leo Zucker, and David E. Bloom
Part VI Aging and Personality
30 Aging and Economic Preferences
Thomas Dohmen, David Hu_man, and Uwe Sunde
31 Financial Literacy and Financial Behavior
Olivia S. Mitchell and Annamaria Lusardi
32 Age and the Value of Life
Maddalena Ferranna, James K. Hammitt, and Matthew D. Adler
33 Happiness and Aging in the United States
David G. Blanch_ower and Carol Graham
34 Aging and Foreign Policy Preferences
Mark L. Haas
35 Behavioral Science and Noncommunicable Diseases in Low- and Middle-Income Countries
Nikkil Sudharsanan, Michael R. Eber, and Margaret McConnell
36 The Implications of PopulationAging for Immigrant- and Gender-Related Attitudes
Andreas Irmen and Anastasia Litina
Part VII Regional Developments
37 Global Ageing and Health
Anna Reuter, Till Bärnighausen, and Stefan Kohler
38 Social Protection and Population Ageing in Asia
Mukul G. Asher and Chang Yee Kwan
39 Aging in China
Peng Nie and Yaohui Zhao
40 Aging in Latin America
Bernardo L. Queiroz and B. Piedad Urdinola
41 Population Ageing and Migration 1
Panu Poutvaara
Biography
David E. Bloom is Clarence James Gamble Professor of Economics and Demography at Harvard University, USA.
Alfonso Sousa-Poza is Professor of Economics at the University of Hohenheim, Germany.
Uwe Sunde is Professor of Economics at the University of Munich, Germany.
"Pension models provide powerful insights, but policy analysis frequently fails to combine those insights with a wider view – for example, assessment of pension adequacy needs to take account both of the pension system as a whole and of wider factors such as the existence (or not) of comprehensive insurance covering health and social care. One of the great strengths of this volume is that the 40 chapters the editors have assembled locate discussion in the wider context, including pensions, health, earning opportunities and individual elements such as ageing and personality." — Nicholas Barr, Professor of Public Economics, London School of Economics, UK
"With insights from leading economists and demographers from around the globe, this Handbook will be an invaluable resource for those seeking up-to-date synthesis of a dazzling array of conceptual and empirical questions about the economics of ageing." — Karen Eggleston, Director, Asia Health Policy Program, Shorenstein Asia-Pacific Research Center, Stanford University, USA
