Future Directions for Research on Financial Literacy and Financing Longevity: Perspectives from Professor Olivia S. Mitchell
Publication date: Available online 30 November 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 - December 1, 2018 Category: Health Management Source Type: research

The Relationship Between Lifetime Out-of-pocket Medical Expenditures, Dementia, and Socioeconomic Status in the U.S.
Publication date: Available online 30 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Péter Hudomiet, Michael D. Hurd, Susann RohwedderAbstractDementia is one of the most expensive medical conditions. The costs are borne by families, by private insurance and by society via public programs such as Medicaid in the U.S.. There is extensive research on the relationship between dementia and annual medical spending. This paper, instead, estimates cumulative lifetime medical expenditures that can be attributed to the onset of dementia using a nationally representative longitudinal survey from the U.S., the ...
Source: The Journal of the Economics of Ageing - December 1, 2018 Category: Health Management Source Type: research

Editorial Board
Publication date: November 2018Source: The Journal of the Economics of Ageing, Volume 12Author(s): (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 30, 2018 Category: Health Management Source Type: research

The policy challenges of financing longevity—A perspective from Japan
Publication date: Available online 28 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Hirotaka Unami (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 29, 2018 Category: Health Management Source Type: research

The effect of post-retirement employment on health
Publication date: Available online 27 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Michelle Pannor Silver, Adrian Rohit Dass, Audrey LaporteAbstractThis paper investigates the causal impact of re-entering the labour force from retirement on self-rated health and depressive symptoms paying careful attention to potential differences by gender. To address the potential endogeneity of work force re-entry, we use an instrumental variables approach in a conditional mixed process model combined with a correlated random effects specification estimated on data from 11 waves of the U.S. Health and Retirement...
Source: The Journal of the Economics of Ageing - November 28, 2018 Category: Health Management Source Type: research

Perspective piece on “Organizing old age pensions for India’s unorganized workers: A case study of a sector-driven approach”, by Narayana Muttur Ranganathan
Publication date: Available online 27 November 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 - November 27, 2018 Category: Health Management Source Type: research

Perspective piece on “Trends in health and retirement in Latin America: Are older workers healthy enough to extend their working lives?” by Laeticia De Souza, Bernardo Queiroz, and Vegard Skirbekk
Publication date: Available online 23 November 2018Source: The Journal of the Economics of AgeingAuthor(s): David Lam (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 24, 2018 Category: Health Management Source Type: research

Financial Knowledge and Portfolio Complexity in Singapore
Publication date: Available online 24 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Benedict S.K. Koh, Olivia S. Mitchell, Susann RohwedderAbstractFinancial literacy in Singapore has not been analyzed in much detail, despite the fact that this is one of the world’s most rapidly aging nations. Using the Singapore Life Panel®, we explore older Singaporeans’ levels of financial knowledge and compare them to those observed in the United States. We assess portfolio complexity for these older households, to examine how financial literacy is related to outcomes of interest. We show that older Singapor...
Source: The Journal of the Economics of Ageing - November 24, 2018 Category: Health Management Source Type: research

Perspective piece on “Access to long term care after a wealth shock: Evidence from the housing bubble and burst” by Joan Costa Font, Richard Frank, and Katherine Swartz
Publication date: Available online 24 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Corina Mommaerts (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 24, 2018 Category: Health Management Source Type: research

Perspective piece on “One size fits all? Drawdown structures in Australia and The Netherlands,” by Jennifer Alonso García and Michael Sherris
Publication date: Available online 23 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Lee Lockwood (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 23, 2018 Category: Health Management Source Type: research

Perspectives on “Cognitive decline and household financial decisions at older ages” by Marco Angrisani and Jinkook Lee
Publication date: Available online 23 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Keith Jacks Gamble (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 23, 2018 Category: Health Management Source Type: research

Short and long-term change in subjective well-being among voluntary and involuntary retirees
Publication date: Available online 14 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Márta Radó, Michaël BoissonneaultAbstractThis paper investigates the differential change in subjective well-being among Hungarians 0 to 3 years and 8 to 11 years following voluntary and involuntary retirement. Controlling for baseline individual characteristics is important to circumvent possible endogeneity problems between retirement and subjective well-being; however, voluntary and involuntary retirees correspond to considerably different sets of observed confounders, and thus regression models may be subject t...
Source: The Journal of the Economics of Ageing - November 15, 2018 Category: Health Management Source Type: research

Health Disparities and the Socioeconomic Gradient in Elderly Life-Cycle Consumption
Publication date: Available online 13 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Ray Miller, Neha Bairoliya, David CanningAbstractWe quantify the importance of health disparities in explaining consumption differences at older ages by estimating a panel VAR model of elderly consumption, health, and mortality using data from the Health and Retirement Study. We use the estimated model and initial joint distribution of health and consumption to simulate elderly life-cycle paths and construct a measure of the net present value of expected remaining lifetime consumption at age sixty (NPVC). We first do...
Source: The Journal of the Economics of Ageing - November 14, 2018 Category: Health Management Source Type: research

Feature Interview with Dr. John Beard
Publication date: Available online 2 November 2018Source: The Journal of the Economics of AgeingAuthor(s): (Source: The Journal of the Economics of Ageing)
Source: The Journal of the Economics of Ageing - November 4, 2018 Category: Health Management Source Type: research

I Shouldn’t Eat this Donut: Self-Control, Body Weight, and Health in a Life Cycle Model
Publication date: Available online 2 November 2018Source: The Journal of the Economics of AgeingAuthor(s): Holger StrulikAbstractIn this paper I discuss overweight and obesity and their repercussions on health deficit accumulation and longevity in a life cycle model. Individual decisions are conceptualized as the partial control of impulsive desires of a short-run self (the limbic system) by a rationally forward-looking long-run self (the prefrontal cortex). The short-run self strives for immediate gratification through consumption of food and other goods. The long-run self reflects the consequences of eating behavior on w...
Source: The Journal of the Economics of Ageing - November 4, 2018 Category: Health Management Source Type: research