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.

The savings gap in Hungary
Publication date: Available online 29 May 2017Source: The Journal of the Economics of AgeingAuthor(s): Róbert Iván Gál, Árpád TörzsökAbstractIn a simple cohort model we carry out a projection based on current per capita age profiles of labour income and consumption and combine them with expected future age compositions. We use 2012 Hungarian data. Due to a shrinking and ageing population this exercise predicts a growing gap between labour income and consumption implying that the difference would be covered by asset-based revenues. We apply two balancing items: a windfall capital endowment in the base year, and gradu...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

The shock of falling among older Americans
Publication date: Available online 9 June 2017Source: The Journal of the Economics of AgeingAuthor(s): Inas R. KellyAbstractDirect medical costs associated with falls have been shown to be $34 billion in 2013, an underestimate since full costs are not factored in. Using the 1998–2012 waves of the Health and Retirement Study and several econometric methods to address the endogeneity of falls, this study seeks to answer the question of how much worse physical and mental health outcomes are for individuals who fall compared to their steadier counterparts. Results across various specifications suggest that falling leads to l...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Finland’s slow recovery from the financial crisis: A demographic explanation
This article uses the National Transfer Accounts (NTA) method to explore how demographic changes have impacted recent macroeconomic developments in Finland. NTA allows us to break down national income and consumption by age. The results show that population ageing has already had a profound effect on the macroeconomy. The relatively large current account surplus at the beginning of the 2000s would have been substantially reduced because of ageing even without the concurrent structural problems in the export industry. The declining share of wage earners in the population reduces the savings rate, which in turn contributes t...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Reductions in local government spending on community-based social care and unmet social care needs of older people in England
Publication date: Available online 16 July 2017Source: The Journal of the Economics of AgeingAuthor(s): Jose Luis IparraguirreAbstractThis paper investigates whether there is a statistical association between spending per person in community-based adult social care for older people and the probability that an older person has unmet needs. Two definitions of unmet needs are introduced: a) if an individual who had difficulty with one or more ADLs/IADLs did not receive any help at all or if they received help, it did not always meet their need to perform the activity or activities, and b) only considering people who received ...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Family transfers and long-term care: An analysis of the WHO Study on global AGEing and adult health (SAGE)
ConclusionIn selected LMICs, receiving family transfers is common among older households, and associated with requiring long-term care. Further research is needed to better understand drivers of observed associations and identify ways in which financial protection of older adults’ long-term care needs can be improved. (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

Pension reforms or consequences of the economic crisis? Measuring the changes of pension incomes in selected EU countries using APC approach
Publication date: Available online 8 September 2017Source: The Journal of the Economics of AgeingAuthor(s): Agnieszka Chłoń-Domińczak, Paweł Strzelecki, Wojciech ŁątkowskiAbstractThe pension incomes at different ages are changing in many developed countries. This reflects pension reforms that lead to changing pension levels, but also changes in the working lives leading to postponement of the retirement resulted from these reforms. The postponement of the introduction of changes which leads to the adjustment of the total pension transfers to younger cohorts can create pressure for more rapid reforms and higher variab...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

The economics of ageing and health
Publication date: Available online 11 September 2017Source: The Journal of the Economics of AgeingAuthor(s): Wang Feng, Alfonso Sousa-Poza (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

Who can predict their own demise? Heterogeneity in the accuracy and value of longevity expectations☆
Publication date: Available online 28 October 2017Source: The Journal of the Economics of AgeingAuthor(s): Teresa Bago d'Uva, Owen O'Donnell, Eddy van DoorslaerAbstractInaccurate longevity expectations can result in suboptimal lifecycle planning with negative consequences for wellbeing in old age. We evaluate the accuracy of expectations by comparing the subjective probability of living to 75 reported in the Health and Retirement Study with survival to that age. Outcomes are positively correlated with the subjective predictions. But the prediction errors are large. Even larger than if every respondent had reported a 50–5...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Private asset income in France: Is there a breakdown of intergenerational equity between 1979 and 2011?
Publication date: Available online 10 November 2017Source: The Journal of the Economics of AgeingAuthor(s): Hippolyte d'Albis, Ikpidi Badji, Najat El Mekkaoui, Julien NavauxAbstractWe use the National Transfer Accounts methodology to calculate private asset income by age for the years 1979–2011. We analyze age profiles using three indicators of intergenerational equity. Monetary asset income shows no evidence of generational breaks to the benefit of the baby-boom generation. On the contrary, baby-boomers suffered from the high interest rates that they paid to become homeowners. Imputed rents show an obvious breakdown of ...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Cognitive decline and household financial decisions at older ages
Publication date: Available online 21 March 2018Source: The Journal of the Economics of AgeingAuthor(s): Marco Angrisani, Jinkook LeeAbstractUsing data from the Health and Retirement Study, we examine the association between cognition and financial outcomes among older American couples. We first investigate the relationship between couple members’ cognitive ability and financial responsibility within the household. Our results suggest that differences in the level of cognitive ability play a major role in determining who is the household financial decision-maker, while changes in cognitive ability of both couple members ...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Trends in health and retirement in Latin America: Are older workers healthy enough to extend their working lives?
Publication date: Available online 9 April 2018Source: The Journal of the Economics of AgeingAuthor(s): Laeticia R. De Souza, Bernardo L. Queiroz, Vegard F. SkirbekkAbstractTo counter the problems of demographic ageing, Latin American countries, like many nations elsewhere, are considering raising the retirement age in order to maintain fiscal balance and sustain economic prosperity. In doing so, however, they must take into account not only the simultaneous decline in older adults’ labour force participation but also poor health among those potentially affected by the change. In this paper, we use country comparable cen...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Organizing old age pensions for India’s unorganized workers: A case study of a sector-driven approach
Publication date: Available online 20 April 2018Source: The Journal of the Economics of AgeingAuthor(s): M.R. NarayanaAbstractAbout 88 percent of India’s total labor force is composed of informal (officially labeled “unorganized”) workers. As many as 388 million such workers lack old age income security by way of a pension system. The Atal Pension Yojana (APY) is the latest contributory, national-level old age pension scheme for unorganized workers, with an entry age of 18–40 years. In other words, all current unorganized workers above the age of 40 are excluded. How could a national pension system viably guarant...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Intergenerational transfers and China’s social security reform
Publication date: May 2018Source: The Journal of the Economics of Ageing, Volume 11Author(s): Ayşe İmrohoroğlu, Kai ZhaoAbstractMost of the studies examining the implications of social security reforms in China use overlapping generations models and abstract from the role of family support. However, in China, family support plays a prominent role in the well-being of the elderly and often substitutes for the lack of government-provided old-age support systems. In this paper, we investigate the impact of social security reform in China in a model with two-sided altruism as well as a pure life-cycle model. We show that th...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

The macroeconomic and welfare implications of rural health insurance and pension reforms in China
Publication date: May 2018Source: The Journal of the Economics of Ageing, Volume 11Author(s): Neha Bairoliya, David Canning, Ray Miller, Akshar SaxenaAbstractWe assess the potential impact of rural health insurance and pension reforms on macroeconomic outcomes and social welfare in a dynamic general equilibrium model calibrated to the Chinese economy. We analyze transition paths as well as steady state responses to the new policies. The current reforms in China provide modest rural pensions and reimbursement of a portion of healthcare costs, but at rates that are substantially lower than are already in place in the urban s...
Source: The Journal of the Economics of Ageing - July 10, 2018 Category: Health Management Source Type: research

Editorial Board
Publication date: May 2018Source: The Journal of the Economics of Ageing, Volume 11Author(s): (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