1st Edition

The Routledge Handbook of the Economics of Ageing

Edited By David E. Bloom, Alfonso Sousa-Poza, Uwe Sunde Copyright 2023
798 Pages 143 B/W Illustrations
by Routledge

798 Pages 143 B/W Illustrations
by Routledge

798 Pages 143 B/W Illustrations
by Routledge

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... Read more

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