1.

Record Nr.

UNINA9910956631203321

Titolo

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

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1992

ISBN

9786611431198

9781281431196

1281431192

9780226903347

0226903346

Edizione

[1st ed.]

Descrizione fisica

1 online resource (328 pages)

Collana

National Bureau of Economic Research project report

Altri autori (Persone)

WiseDavid A

Disciplina

305.2/6/0973

Soggetti

Older people - United States - Economic conditions

Older people - Economic conditions

Old age - Economic aspects - United States

Old age - Economic aspects

Retirement - Economic aspects - United States

Retirement - Economic aspects

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

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

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

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

Sommario/riassunto

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.