Analyses in the Economics of Aging

Analyses in the Economics of Aging

David A. Wise

Print publication date: 2013

ISBN: 9780226902869

Publisher: University of Chicago Press

Abstract

This book provides a massive amount of new research on several popular and less-examined topics pertaining to the relationship between economics and aging. Among the many themes explored in this volume, considerable attention is given to new research on retirement savings, the cost and efficiency of medical resources, and the predictors of health events. The volume begins with a discussion of the risks and merits of 401(k) plans. Subsequent chapters present recent analysis of the growth of Medicare costs; the different aspects of disability; and the evolution of health, wealth, and living arrangements over the life course. Keeping with the global tradition of previous volumes, the book also includes comparative studies on savings behavior in Italy, the Netherlands, and the United States; an examination of household savings among different age groups in Germany; and a chapter devoted to population aging and the plight of widows in India.

Table of Contents

Introduction

David A. Wise

1 Utility Evaluation of Risk in Retirement Saving Accounts

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

2 Passive Decisions and Potent Defaults

James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick

4 The Efficiency of Medicare

Jonathan Skinner Elliott S. Fisher, and John E. Wennberg

6 Broken Down by Work and Sex

Anne Case and Angus Deaton

8 Healthy, Wealthy, and Knowing Where to Live

Florian Heiss, Michael D. Hurd, and Axel Börsch-Supan

9 Institutions and Saving for Retirement

Arie Kapteyn and Constantijn Panis

10 Household Saving in Germany

Axel Börsch-Supan and Lothar Essig

12 Individual Subjective Survival Curves

Li Gan, Michael D. Hurd, and Daniel McFadden