This book examines the many economic and budgetary aspects of aging, and of an aging population, exploring the welfare state and incentives to retire, the macroeconomic and fiscal implications of aging and the long-run effects of government spending on the elderly. There is also an examination of the changing patterns of retirement behaviour, economic well-being and gender disparities among the elderly, the interaction between private and public provisioning, and aspects of retirement security.
About the Author: RANIA ANTONOPOULOS Research Scholar, Levy Economics Institute, USA AXEL BOERSCH-SUPAN Director, Mannheim Research Institute for the Economics of Aging (MEA), Germany; Professor for Macroeconomics and Public Policy, University of Mannheim, Germany ZVI BODIE Norman and Adele Barron Professor of Management, Boston University, USA CLARK BURDICK Economist, Social Security Office of Policy, USA BARBARA A. BUTRICA Senior Research Associate, Urban Institute, USA MELISSA FAVREAULT Senior Research Associate, Urban Institute Income and Benefits Policy Center, USA LI GAN Associate Professor of Economics, Texas A&M University, College Station, USA; Faculty Research Fellow, National Bureau of Economic Research, USA TERESA GHILARDUCCI Professor of Economics, University of Notre Dame, USA; Director, Higgins Labor Research Center, University of Notre Dame, USA JAGADEESH GOKHALE Senior Fellow, Cato Institute, USA GUAN GONG Associate Professor, Shanghai University of Finance and Economics, China BROOKE HARRINGTON Assistant Professor of Sociology and Public Policy, Brown University, USA ROBERT HAVEMAN John Bascom Emeritus Professor, Department of Economics and La Follette School of Public Affairs, University of Wisconsin-Madison, USA; Research Affiliate, Institute for Research on Poverty, USA MICHAEL HURD Director, RAND Center for the Study of Aging, USA; Research Associate, National Bureau of Economic Research, USA STEPHANIE A. KELTON Associate Professor of Economics, University of Missouri, Kansas City, USA; Research Scholar, Center for Full Employment and Price Stability (C-FEPS), USA HYUNSUB KUM Research Scholar, Levy Economics Institute, USA JAMES MARTON Assistant Professor, Martin School of Public Policy and Administration, University of Kentucky, USA GORDON B.T. MERMIN Research Associate, Urban Institute, USA SERGIO NISTICÒ Associate Professor of Economics, Faculty of Economics, University of Cassino, Italy LUCIE G. SCHMIDT Assistant Professor, Department of Economics, Williams College, USA LOIS B. SHAW Consultant, Institute for Women's Policy Research, Washington, DC, USA KAREN E. SMITH Senior Research Associate, Urban Institute, USA RICHARD STARTZ Castor Professor of Economics, University of Washington, USA C. EUGENE STEUERLE Senior Fellow, Urban Institute, USA; Co-Director, Urban-Brookings Tax Policy Center, USA DANIEL L. THORNTON Vice President and Economic Advisor, Federal Reserve Bank of St. Louis, USA ROBERT K. TRIEST Senior Economist and Policy Advisor, Research Department of the Federal Reserve Bank of Boston, USA SHRIPAD TULJAPURKAR Morrison Professor of Population Studies and Professor of Biological Sciences, Stanford University, USA BARBARA WOLFE Director, LaFollette School of Public Affairs and Professor of Economics and Population Health Sciences, University of Wisconsin-Madison, USA EDWARD N. WOLFF Professor of Economics, New York University, USA; Senior Scholar, Levy Economics Institute of Bard College, USA; Research Associate, National Bureau of Economic Research, USA STEPHEN A. WOODBURY Professor of Economics, Michigan State University, USA; Senior Economist, W.E. Upjohn Institute, Kalamazoo, Michigan, USA L. RANDALL WRAY Professor of Economics and Research Director, Center for Full Employment and Price Stability, University of Missouri - Kansas City, USA; Senior Scholar, Levy Economics Institute of Bard College, NY, USA AJIT ZACHARIAS Senior Scholar, Levy Economics Institute, USA.