Overview

Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries. With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries and that, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases. The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.

Full Product Details

Author:   Yukio Noguchi ,  David A. Wise
Publisher:   The University of Chicago Press
Imprint:   University of Chicago Press
Dimensions:   Width: 1.60cm , Height: 0.20cm , Length: 2.40cm
Weight:   0.482kg
ISBN:  

9780226590189

ISBN 10:   0226590186
Pages:   214
Publication Date:   01 September 1994
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock  
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Table of Contents

Preface Introduction 1 Yukio Noguchi, David A. Wise. 1: Aging and Labor Force Participation: A Review of Trends and Explanations 7 Robin L. Lumsdaine, David A. Wise. 2: Social Security Benefits and the Labor Supply of the Elderly in Japan 43 Atsushi Seike, Haruo Shimada. 3: The Economic Status of the Elderly in the United States 63 Michael D. Hurd 4: Household Asset- and Wealthholdings in Japan 85 Noriyuki Takayama 5: Problems of Housing the Elderly in the United States and Japan 109 Daniel L. McFadden 6: The Cost of Aging: Public Finance Perspectives for Japan 139 Seiritsu Ogura 7: Financing Health Care for Elderly Americans in the 1990s 175 Alan M. Garber Contributors 195 Author Index 197 Subject Index 201

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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.

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