Economics of Aging

ISBN-10: 0865692955
ISBN-13: 9780865692954
Edition: 7th 2001
Authors: James H. Schulz
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Description: Still the definitive book on the subject, this volume has been thoroughly revised to cover rapidly changing aspects of the economics of aging. It provides an in-depth examination of the nation's evolving private and public policies on retirement,  More...

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Book details

List price: $39.95
Edition: 7th
Copyright year: 2001
Publisher: ABC-CLIO, LLC
Publication date: 12/30/2000
Binding: Paperback
Pages: 376
Size: 5.75" wide x 9.00" long x 1.25" tall
Weight: 1.232
Language: English

Still the definitive book on the subject, this volume has been thoroughly revised to cover rapidly changing aspects of the economics of aging. It provides an in-depth examination of the nation's evolving private and public policies on retirement, pension, and health, including, for instance, the dramatic changes in employer-sponsored pensions. New attention is given to the retirement of baby boomers and the financial situation of older women, many of whom still live in poverty. Other topics added to this edition include the proposed new way of measuring poverty, new economic implications of demographic aging, the concept of `productive aging', an update on reverse annuity mortgages, hybrid pension plans and pension privatization, and current information on Social Security. This highly readable book is essential for everyone concerned with gerontology. A thorough, rich, and current work, this book is the most comprehensive resource available for students, policymakers, researchers, human resource directors, and in short, all who have a personal or professional interest in the essential questions facing the growing aging population in the United States. It examines changes in retirement patterns, problems of older workers, and the complexity of retirement preparation, as well as pension plan health costs and all the programs affecting financial security.

Preface
The Economic Status of the Aged
Diversity among the Elderly
Aged Income
The Aged Are Not a Homogeneous Group
The Impact of Taxation, Assets, and In-Kind Income
The Adequacy of Income in Old Age
The Impact of Inflation
Chapter 1 Highlights
Suggested Readings
To Work or Not to Work
The Right to Retire
The Work-Leisure Trade-off
Economic Problems of Older Workers
Training Older Workers
The Retirement Decision
Mandatory versus Flexible Retirement Options
Do the Aged Want to Work?
Chapter 2 Highlights
Suggested Readings
Retirement Planning
Retirement Provision by Individuals
The Role of Pensions
Public or Private?
What Mix of Public and Private Pensions?
Arguments against and for Social Security
Arguments in Support of Private Pensions
The Pension Mix in Various Countries
Planning for Retirement
Finding Someone You Can Trust
Chapter 3 Highlights
Suggested Readings
Social Security: Old Age and Survivors' Benefits
The Changing Social Security System
The Principles of Social Security
Retirement Benefit Provisions
Social Security Pension Reforms
Chapter 4 Highlights
Suggested Readings
Social Security Financing: Who Pays? Who Should Pay?
Rising Pension Expenditures and Growing Controversy
Financing Social Security
Social Security and the Federal Budget
Financing Equity
Social Security Financial Reform Proposals
Chapter 5 Highlights
Suggested Readings
Health, Disability, and SSI Benefits
Health Insurance for the Elderly
Long-Term Care
Financing Health Care
Other Social Security Programs: Disability and SSI
The Supplemental Security Income Program
Chapter 6 Highlights
Suggested Readings
What Role for Employer-Sponsored Pensions?
Who Is Covered?
Private Plan Characteristics
Private Pension Regulation
ERIS Helps but...
Financing Private Pensions
Women and Private Pensions
Government Employee Pension Plans
Chapter 7 Highlights
Suggested Readings
Population Aging: Generational Conflict?
Generational Conflict?
Aging Populations
Dependency Ratios
Financing an Aging Population
The Generational Equity Debate
"Put the Old Folks Back to Work!"
Age Is Not the Key Variable
Chapter 8 Highlights
Suggested Readings
Notes
Glossary
References
Index

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