The Journal of the Economics of Ageing This is an RSS file. You can use it to subscribe to this data in your favourite RSS reader or to display this data on your own website or blog.

Financing longevity: The economics of pensions, health, and long-term care: Introduction to the special issue
Publication date: Available online 11 October 2018Source: The Journal of the Economics of AgeingAuthor(s): Karen N. Eggleston, Anita Mukherjee (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - October 21, 2018 Category: Health Management Source Type: research

Financing Longevity: The Economics of Pensions, Health, and Long-Term Care Introduction to the Special Issue
Publication date: Available online 11 October 2018Source: The Journal of the Economics of AgeingAuthor(s): Karen N. Eggleston, Anita Mukherjee (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - October 11, 2018 Category: Health Management Source Type: research

The Economic Burden of Chronic Diseases: Estimates and Projections for China, Japan, and South Korea
Publication date: Available online 26 September 2018Source: The Journal of the Economics of AgeingAuthor(s): David E. Bloom, Simiao Chen, Michael Kuhn, Mark E. McGovern, Les Oxley, Klaus PrettnerAbstractWe propose a novel framework to analyse the macroeconomic impact of non-communicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic costs of chronic health conditions in terms of foregone gross domestic product (GDP). Unlike previously adopted frameworks, this approach allows us to account for i) variations in human capit...
Source: The Journal of the Economics of Ageing - October 5, 2018 Category: Health Management Source Type: research

One size fits all? Drawdown structures in Australia and The Netherlands
Publication date: Available online 25 July 2018Source: The Journal of the Economics of AgeingAuthor(s): Jennifer Alonso-García, Michael SherrisAbstractAustralia and the Netherlands both combine an unfunded non-contributory flat rate pension with prefunded earnings related retirement schemes. Notwithstanding this similarity of structure, however, the two systems are very different. The Netherlands mandates annuitized drawdown structures. In Australia, no prescription, or even guidance, is offered. In both cases, products that better meet the needs of increasingly heterogeneous retirement cohorts are under consideration. We...
Source: The Journal of the Economics of Ageing - July 25, 2018 Category: Health Management Source Type: research

Access to Long Term Care After a Wealth Shock: Evidence from the Housing Bubble and Burst
Publication date: Available online 24 July 2018Source: The Journal of the Economics of AgeingAuthor(s): Joan Costa-Font, Richard G. Frank, Katherine SwartzAbstractHome equity is the primary self-funding mechanism for long term services and supports (LTSS). Using data from the relevant waves of the Health and Retirement Study, we exploit the exogenous variation resulting from the value of housing assets during the Great Recession to examine the effect of housing wealth on use of home health, unpaid help and nursing home care by older adults. Consistent with the idea that individuals consume part of their housing equity duri...
Source: The Journal of the Economics of Ageing - July 25, 2018 Category: Health Management Source Type: research

Interview with Professor Olivia S. Mitchell
Publication date: Available online 18 July 2018Source: The Journal of the Economics of AgeingAuthor(s): Anita Mukherjee (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - July 24, 2018 Category: Health Management Source Type: research

Transfers in an Aging European Union
Publication date: Available online 23 July 2018Source: The Journal of the Economics of AgeingAuthor(s): Fanny A. Kluge, Joshua R. Goldstein, Tobias C. VogtAbstractPopulation aging and longevity can pose challenges to the sustainability of fiscal budgets. This is of particular concern in Europe’s rapidly aging welfare states offering generous social support programs for the elderly. Still, there are differences in the pace of ageing and the generosity of welfare states. We use public tax and benefit age schedules from the National Transfer Accounts project to estimate the impact of population aging on fiscal budgets of si...
Source: The Journal of the Economics of Ageing - July 24, 2018 Category: Health Management Source Type: research

Interview with Dr. Olivia S. Mitchell
Publication date: Available online 18 July 2018Source: The Journal of the Economics of AgeingAuthor(s): Anita Mukherjee (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - July 19, 2018 Category: Health Management Source Type: research

Do notional defined contribution schemes prolong working life? Evidence from the 1994 Swedish pension reform
Publication date: Available online 17 November 2016Source: The Journal of the Economics of AgeingAuthor(s): Haodong Qi, Jonas Helgertz, Tommy BengtssonAbstractThis paper investigates whether the Notional Defined Contribution (NDC) scheme prolongs working life. The evidence from the 1994 Swedish pension reform shows a gender and socio-economic gradient in the labor supply responses to phasing in NDC. While the reform exerted a large and significant positive effect on the average retirement age among highly educated and skilled, it had little or negative effect on those with low level of human capital. And the overall effect...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Untapped work capacity among old persons and their potential contributions to the “silver dividend” in Japan
Publication date: Available online 7 February 2017Source: The Journal of the Economics of AgeingAuthor(s): Rikiya Matsukura, Satoshi Shimizutani, Nahoko Mitsuyama, Sang-Hyop Lee, Naohiro OgawaAbstractIn contemporary Japan, the utilization of healthy elderly persons in economic production is one of the most urgent policy matters. In this paper, we have measured the untapped work capacity of old persons, using the microdata gathered in the Japanese Study of Aging and Retirement (JSTAR), a longitudinal survey carried out on subjects aged 50–75. Our computed results show that the volume of untapped work capacity of the Japan...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

The hidden economics of informal elder-care in the United States
DiscussionThe pivotal role that IHH plays in the US healthcare system is largely based on the assumption that IHH comes at no cost. Conversely, our analyses suggest that its substitution costs may be considerable. It is crucial for policy-makers to support the provision of informal care as an affordable alternative to formal care. (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

The impact of social pensions on intergenerational relationships: Comparative evidence from China
Publication date: Available online 10 April 2017Source: The Journal of the Economics of AgeingAuthor(s): Xi Chen, Karen Eggleston, Ang SunAbstractChina launched a new rural pension scheme (hereafter NRPS) for rural residents in 2009, now covering almost all counties with over 400 million people enrolled. This implementation of the largest social pension program in the world offers a unique setting for studying the economics of intergenerational relationships during development, given the rapidity of China’s population aging, traditions of filial piety and co-residence, decreasing number of children, and dearth of fo...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

International projections of age specific healthcare consumption: 2015–2060
Publication date: Available online 21 April 2017Source: The Journal of the Economics of AgeingAuthor(s): Carl N. Mason, Timothy MillerAbstractWe construct a demographically informed model of age specific healthcare consumption for 36 countries of widely varying income and wealth, in the National Transfer Accounts project. We project healthcare consumption to 2060 using a modified Lee-Carter technique. In our modification, GDP per capita plays the role of time in explaining changes in the age-pattern of health consumption as countries become wealthier. We find that rising wealth mainly affects health consumption at older-ag...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Counting unpaid work in Kenya: Gender and age profiles of hours worked and imputed wage incomes
Publication date: Available online 25 April 2017Source: The Journal of the Economics of AgeingAuthor(s): Moses K. Muriithi, Reuben G. Mutegi, Germano MwabuAbstractThe paper first presents profiles of unpaid work by age and gender before turning to profiles of their monetary values. We value unpaid work using a novel data set on hourly wages from the Kenya Gazette on salaries of workers covered by minimum wages mandated by the Government in 2015 (Republic of Kenya, 2015).We count unpaid work performed by men and women at home, on the farm, and within household enterprises. In particular, focus is on unpaid work that is also...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Time discounting and economic decision-making in the older population
Publication date: Available online 19 May 2017Source: The Journal of the Economics of AgeingAuthor(s): David Huffman, Raimond Maurer, Olivia S. MitchellAbstractThis paper examines heterogeneity in time discounting among a representative sample of elderly Americans, as well as its role in explaining key economic behaviors at older ages. We show how older Americans evaluate simple (hypothetical) inter-temporal choices in which payments today are compared with payments in the future. Using the indicators derived from this measure, we then demonstrate that differences in discounting patterns are associated with characteristics...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research