Books by Subject
Can We Afford to Grow Older? A Perspective on the Economics of Aging
By Richard Disney
Hardcover
MIT Press, Sept. 1996
ISBN: 026204157X
Editorial
Reviews
Book
Description
"Can We Afford to Grow Older? is an impressive book which makes a
major contribution toward the consolidation of our knowledge and understanding
the economic aspects of what appears to be inevitable and probably irreversible
demographic change. Covering a wide geographic spectrum across industrialized
nations, it will appeal to graduate level study of the economics of aging and
will appeal to all economists with a serious interest in this question." --
William J. Serow, Director, Center for the Study of Population, and Professor of
Economics, Florida State University
The United States Social Security fund is huge and in trouble. The United Kingdom has experimented with the voluntary contracting out of pensions to the private sector. Chile has privatized its public pension system. Australia has adopted a means-tested public pension system. Japan has the earliest retirement age of any advanced economy; it also has the highest rate of labor force participation by elderly men. Can We Afford to Grow Older? provides a comprehensive, up-to-date survey of the implications of population aging in these and other OECD countries relative to a range of specific interrelated issues -- Social Security schemes, employer pensions, educational attainment, wage growth and distribution, economic productivity, consumption, savings, retirement, and health care -- all within a realistic framework for modeling and discussing policy. International in scope, filled with rich institutional detail, and built on a solid technical foundation, this will be a standard reference on the economic consequences of aging. Richard Disney adopts a "life-cycle" view of the world which recognizes that individuals often make plans with a forward-looking perspective across the stages of childhood, the peak of economic productivity, and retirement. He stresses the existence of overlapping generations and the reality of generational transactions (which include tax and transfer systems, bequests, and charity to the elderly). And he assumes intertemporal optimization as a useful unifying basis for analyzing social security, private pension schemes, lifetime labor-supply decisions, consumption, and saving. Among the surprising conclusions that emerge is that there is no "crisis of aging" -- no adverse effect of aging on productivity. And although there are serious crises in pay-as-you-go social insurance programs and in health care, these have little to do with aging. Moreover, the shift in private provision plans away from traditional defined- benefit plans will continue, along with an interest in privatized pensions instead of social security.
About
the Author
Richard Disney is Professor of Economics at the University of Nottingham
(UK).
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Age, Class, Politics, and the Welfare State (Arnold and Caroline Rose Monograph Series of the American Sociological Association)
Editorial
Reviews
Book
Description
Detailed analysis of data from the UN, ILO, and the World Bank leads
to the conclusion that a large aged population, especially in combination with
democratic political processes, has a direct and crucial influence on the level
of welfare expenditures.
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Aging: A Natural History (Scientfic American Library)
By Robert E. Ricklefs, Caleb E. Finch
Hardcover
W.H. Freeman & Co. April 1995
ISBN: 0716750562
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Aging and Posttraumatic Stress Disorder
By Paul E. Ruskin (Editor) & John A. Talbott (Editor)
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By Paul E. Ruskin (Editor) & John A. Talbott (Editor)
Hardcover
American Psychiatric Press, Jan 1996
ISBN: 0880485132
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Biology of Human Aging
By Alexander P. Spence
Paperback
Prentice Hall, Jan 1995
ISBN: 0131462679
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here to learn more or purchase from Amazon.com
Aging and Cell Structure
By John A. Johnson
Hardcover
Plenum Publishing Corp. Dec. 1981
ISBN: 030640695
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Aging: An Exploration
By David P. Barash
Hardcover
University of Washington Press, Jun. 1983
ISBN: 0295959932
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Adult Information Processing: Limits on Loss
By John Cerella, John Rybash, William Hoyer, & Michael L. Commons (Editor)
Hardcover
Academic Press, Aug. 1993
ISBN: 0121651800
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Ageing in Developing Countries
By Ken Tout
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larger photo
Paperback
Oxford University Press, July 1989
ISBN; 0198272766
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Ageing: The Facts
By Nicholas Coni, William Davison & Stephen Webster
Hardcover
Oxford University Press, Dec. 1992
ISBN: 0192621505
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Aging and Generational Relations: Life-Course and Cross-Cultural Perspectives
By Tamara K. Hareven
Paperback
Aldine De Gruyter, Aug. 1996
ISBN: 0202305600
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