Download Studies in the Economics of Aging (National Bureau of by David A. Wise PDF
By David A. Wise
Stories within the Economics of getting older is the fourth booklet in a chain from the nationwide Bureau of monetary study that addresses monetary matters in getting older and retirement. development at the study within the Economics of getting older (1989), matters within the Economics of getting older (1990), and themes within the Economics of getting older (1992), this quantity examines aged inhabitants progress and executive spending, lifestyles expectancy and future health, saving for retirement and housing values, getting older in Germany and Taiwan, and the usage of nursing domestic and different long term care.
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Additional info for Studies in the Economics of Aging (National Bureau of Economic Research Project Report)
Example text
To anticipate changes, health and mortality time-series data must be used. In this chapter we (i) introduce integrated models of risk factor dynamics and mortality processes, calibrated from longitudinal data, to forecast preventive and curative intervention effects; (ii) compare actuarial forecasts with those based on multivariate stochastic processes; and (iii) introduce models integrating disability dynamics with mortality processes, as a step toward integrating the dynamics of multiple biological levels (Lipsitz and Goldberger 1992).
Our conclusion is that the budgetary pressure caused by the 26 John B. Shoven, Michael D. Topper, and David A. 5 by the total population between ages 20-64 in each year. aging of the population over the next 50 years will exacerbate this problem. The ability of the government to embark on new spending programs will undoubtedly be impeded. We have purposely made the unrealistic assumption that the age-specific per capita cost of government health programs will remain constant. 4 percent ($437 billion) increase in the cost of the programs we examine, by 2040.
For a more extensive discussion of GoM, see Manton et al. (1992b), Woodbury et al. (1994), Berkman, Singer, and Manton (1989), or Singer (1989).