Overview

This volume presents innovative research on issues of importance to the well-being of older persons: labor market behavior, health care, housing and living arrangements, and saving and wealth. Specific topics include the effect of labor market rigidities on the employment of older workers; the effect on retirement of the availability of continuation coverage benefits; and the influence of the prospective payment system (PPS) on rising Medicare costs. Also considered are the effects of health and wealth on living arrangement decisions; the incentive effects of employer-provided pension plans; the degree of substitution between 401(k) plans and other employer-provided retirement saving arrangements; and the extent to which housing wealth determines how much the elderly save and consume. Two final studies use simulations that describe the implications of stylized economic models of behavior among the elderly. This timely volume will be of interest to anyone concerned with the economics of aging.

Full Product Details

Author:   David A. Wise
Publisher:   The University of Chicago Press
Imprint:   University of Chicago Press
Dimensions:   Width: 1.60cm , Height: 0.30cm , Length: 2.30cm
Weight:   0.680kg
ISBN:  

9780226903026

ISBN 10:   0226903028
Pages:   364
Publication Date:   01 August 1996
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

Table of Contents

Preface Introduction by David A. Wise 1: The Effect of Labor Market Rigidities on the Labor Force Behavior of Older Workers Michael D. Hurd Comment: Angus S. Deaton 2: Why Are Retirement Rates So High at Age 65? Robin L. Lumsdaine, James H. Stock, David A. Wise. 3: The Military Pension, Compensation, and Retirement of U.S. Air Force Pilots John Ausink, David A. Wise. Comment on Chapters 2 and 3: Robert J. Willis 4: Health Insurance and Early Retirement: Evidence from the Availability of Continuation Coverage Jonathan Gruber, Brigitte C. Madrian. Comment: Richard J. Zeckhauser 5: Medicare Reimbursement and Hospital Cost Growth Mark B. McClellan Comment: Thomas E. MaCurdy 6: Living Arrangements: Health and Wealth Effects Axel Borsch-Supan, Daniel L. McFadden, Reinhold Schnabel. Comment: Steven F. Venti 7: Do 401(k) Plans Replace Other Employer-Provided Pensions? Leslie E. Papke, Mitchell Petersen, James M. Poterba. Comment: Richard Thaler 8: Is Housing Wealth a Sideshow? Jonathan S. Skinner Comment: John B. Shoven 9: Elderly Health, Housing, and Mobility Jonathan S. Feinstein Comment: Daniel L. McFadden 10: Intergenerational Transfers, Aging, and Uncertainty David N. Weil Comment: James M. Poterba Contributors Author Index Subject Index

Reviews

Author Information

David A. Wise is the John F. Stambaugh Professor of Political Economy emeritus at Harvard Kennedy School and a research associate of the NBER.

Tab Content 6

Author Website:  

Countries Available

All regions