Topics in the Economics of Aging

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ISBN: 9780226903347

Acknowledgments
Introduction
David A. Wise
1. Three Models of Retirement: Computational Complexity versus Predictive Validity
Robin L. Lumsdaine, James H. Stock, and David A. Wise
Comment: Sylvester J. Schieber
2. Stocks, Bonds, and Pension Wealth
Thomas E. MaCurdy and John B. Shoven
Comment: Jonathan S. Skinner
3. Health, Children, and Elderly Living Arrangements: A Multiperiod-Multinomial Probit Model with Unobserved Heterogeneity and Autocorrelated Errors
Axel Börsch-Supan, Vassilis Hajivassiliou, Laurence J. Kotlikoff, and John N. Morris
Comment: Steven F. Venti
4. The Provision of Time to the Elderly by Their Children
Axel Börsch-Supan, Jagadeesh Gokhale, Laurence J. Kotlikoff, and John N. Morris
Comment: Konrad Stahl
5. Wealth Depletion and Life-Cycle Consumption by the Elderly
Michael D. Hurd
Comment: Lee A. Lillard
6. Patterns of Aging in Thailand and Côte d'Ivoire
Angus Deaton and Christina H. Paxson
Comment: Fumio Hayashi
7. Changing the Japanese Social Security System from Pay as You Go to Actuarially Fair
Tatsuo Hatta and Noriyoshi Oguchi
Comment: Edward P. Lazear
8. Payment Source and Episodes of Institutionalization
Alan M. Garber and Thomas E. MaCurdy
Comment: Paul J. Gertler
9. Incentive Regulation of Nursing Homes: Specification Tests of the Markov Model
Edward C. Norton
Comment: Sherwin Rosen
Contributors
Author Index
Subject Index