Investigations in the Economics of Aging

Investigations in the Economics of Aging

David A. Wise

Print publication date: 2013

ISBN: 9780226903132

Publisher: University of Chicago Press


One of the most well-established relationships in the economics of aging is that between health and wealth. Yet this relationship is also changing in conjunction with a rapidly aging population as well as a broad evolution in how people live later in life. Building on findings from earlier editions in the National Bureau of Economic Research series, this book focuses on the changing financial circumstances of the elderly, and the relationship of these circumstances to health and health care. Among the topics addressed are the significance of out-of-pocket health care costs, the effects of inflation on social security, and the impact of the recent financial crisis on Americans' well-being. Encompassing new data and advances in research methodology, the developments presented in the book will have implications for economies worldwide.

Table of Contents


David A. Wise and Richard Woodbury

I Financing Retirement

1 Were They Prepared for Retirement?

James M. Poterba, Steven F. Venti, and David A. Wise

2 Economic Preparation for Retirement

Michael D. Hurd and Susann Rohwedder

3 How Well Are Social Security Recipients Protected from Inflation?

Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov

4 The Availability and Utilization of 401(k) Loans

John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian

II Health and Health Care

5 Dimensions of Health in the Elderly Population

David M. Cutler and Mary Beth Landrum

6 The Value of Progress against Cancer in the Elderly

Jay Bhattacharya, Alan M. Garber, Matthew Miller, and Daniella Perlroth

7 Self-Reported Disability and Reference Groups

Arthur van Soest, Tatiana Andreyeva, Arie Kapteyn, and James P. Smith

8”Healthy, Wealthy, and Wise?” Revisited

Till Stowasser, Florian Heiss, Daniel McFadden, andJoachim Winter