Cloth $118.00 ISBN: 9780226903132 Published August 2012
E-book $7.00 to $118.00 About E-books ISBN: 9780226903163 Published May 2012

Investigations in the Economics of Aging

Edited by David A. Wise

Investigations in the Economics of Aging
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Edited by David A. Wise

504 pages | 80 figures, 86 tables | 6 x 9 | © 2012
Cloth $118.00 ISBN: 9780226903132 Published August 2012
E-book $7.00 to $118.00 About E-books ISBN: 9780226903163 Published May 2012

One of the most well-established relationships in the economics of aging is that between health and wealth. Yet this relationship is also changing in conjunction with a rapidly aging population as well as a broad evolution in how people live later in life.

Building on findings from earlier editions in this National Bureau of Economic Research series, Investigations in the Economics of Aging focuses on the changing financial circumstances of the elderly and the relationship of these circumstances to health and health care. Among the topics addressed are the significance of out-of-pocket health care costs, the effects of inflation on social security, and the impact of the recent financial crisis on Americans’ well-being. Encompassing new data and advances in research methodology, the developments presented in this volume will have important implications for economies worldwide.

David A. Wise and Richard Woodbury

I.  Financing Retirement

1. Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts
James M. Poterba, Steven F. Venti, and David A. Wise
Comment: David Laibson

2. Economic Preparation for Retirement
Michael D. Hurd and Susann Rohwedder
Comment: Robert J. Willis

3. How Well Are Social Security Recipients Protected from Inflation?
Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov
Comment: Michael D. Hurd

4. The Availability and Utilization of 401(k) Loans
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian
Comment: Gopi Shah Goda

II. Health and Health Care

5. Dimensions of Health in the Elderly Population
David M. Cutler and Mary Beth Landrum
Comment: David R. Weir

6. The Value of Progress against Cancer in the Elderly
Jay Bhattacharya, Alan M. Garber, Matthew Miller, and Daniella Perlroth
Comment: Amitabh Chandra

7. Self-Reported Disability and Reference Groups
Arthur van Soest, Tatiana Andreyeva, Arie Kapteyn, and James P. Smith
Comment: David M. Cutler

8. “Healthy, Wealthy, and Wise?” Revisited: An Analysis of the Causal Pathways from Socioeconomic Status to Health
Till Stowasser, Florian Heiss, Daniel McFadden, and Joachim Winter
Comment: Robert J. Willis

9. Childhood Health and Differences in Late-Life Health Outcomes between England and the United States
James Banks, Zoe Oldfield, and James P. Smith
Comment: Amitabh Chandra

10. The Financial Crisis and the Well-Being of America
Angus Deaton
Comment: Daniel McFadden

Author Index
Subject Index
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