Book

Perspectives on the Economics of Aging

Edited by David A. Wise

Published by University of Chicago Press

Published in print July 2004 | ISBN: 9780226903057
Published online February 2013 | e-ISBN: 9780226903286 | DOI: http://dx.doi.org/10.7208/chicago/9780226903286.001.0001
Perspectives on the Economics of Aging

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This book investigates several important issues in the economics of aging, including the accumulation of wealth and the relationship between health and financial prosperity. Examining the changes in savings behavior and investment priorities in the United States over the past few decades, it points to a dramatic shift from employer-managed, defined benefit pensions to employee-controlled retirement savings plans. Further, the legislative reforms of the 1980s and the booming stock market of the 1990s did their share to influence individual wealth accumulation patterns of Americans. The book also explores the relationship between health status and economic status. Considering issues like pension income and health, mortality, and medical care, it presents evidence from the United States, Britain, South Africa, and Russia. The volume culminates with wide-ranging discussions on a number of key topics in the field including the innovations that have contributed to a decline in mortality rates; the various medical advances that have benefited populations over time; and the determinants of expenditures on health. The findings with regard to cross-sectional differences in health outcomes and health care utilization also pose troubling questions for policymakers seeking to democratize health care across regions and races.

Keywords: aging; wealth; health status; financial prosperity; savings behavior; investment priorities; legislative reforms; economic status; pension income; mortality

Book.  549 pages.  Illustrated.

Subjects: Economics

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Table of Contents

Introduction in Perspectives on the Economics of Aging

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Aging and Housing Equity: Another Look in Perspectives on the Economics of Aging

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Intergenerational Transfers and Savings Behavior in Perspectives on the Economics of Aging

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