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  • © 2007

Government Spending on the Elderly

Palgrave Macmillan

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xxvii
  2. Economic Perspectives on Aging: An Overview

    1. Economic Perspectives on Aging: An Overview

      • Dimitri B. Papadimitriou
      Pages 1-19
  3. Welfare State and the Incentives to Retire

    1. Front Matter

      Pages 21-21
    2. European Welfare State Regimes and Their Generosity toward the Elderly

      • Axel Boersch-Supan, Sergio Nisticò
      Pages 23-52
    3. Global Demographic Trends and Provisioning for the Future

      • L. Randall Wray, Richard Startz
      Pages 53-78
  4. Aspects of Economic Well-being and Gender Disparities among the Elderly

    1. Front Matter

      Pages 79-79
    2. Net Government Expenditures and the Economic Well-being of the Elderly in the United States, 1989–2001

      • Edward N. Wolff, Ajit Zacharias, Hyunsub Kum, Robert Haveman
      Pages 81-122
  5. Changing Patterns of Retirement Behavior

    1. Front Matter

      Pages 139-139
    2. Working for a Good Retirement

      • Barbara A. Butrica, Karen E. Smith, C. Eugene Steuerle, Lucie G. Schmidt
      Pages 141-177
    3. Net Intergenerational Transfers from an Increase in Social Security Benefits

      • Li Gan, Guan Gong, Michael Hurd, Daniel L. Thornton
      Pages 178-190
  6. Interaction between Private and Public Provisioning

    1. Front Matter

      Pages 191-191
    2. Retiree Health Benefit Coverage and Retirement

      • James Marton, Stephen A. Woodbury, Barbara Wolfe
      Pages 220-246
  7. Budgetary and Macroeconomic Implications of Aging

    1. Front Matter

      Pages 247-247
    2. Population Forecasts, Fiscal Policy, and Risk

      • Shripad Tuljapurkar, Clark Burdick
      Pages 249-271
    3. Wage Growth and the Measurement of Social Security’s Financial Condition

      • Andrew G. Biggs, Jagadeesh Gokhale, Stephanie A. Kelton
      Pages 272-311
  8. Retirement Security: Problems and Prospects

    1. Front Matter

      Pages 313-313
    2. The Adequacy of Retirement Resources among the Soon-to-Retire, 1983–2001

      • Edward N. Wolff, Brooke Harrington
      Pages 315-346
    3. Minimum Benefits in Social Security

      • Melissa M. Favreault, Gordon B. T. Mermin, C. Eugene Steuerle, Robert K. Triest
      Pages 347-392

About this book

This book examines the aging of the US population as a primary domestic public policy issue. An increase in the proportion of the elderly in the total population will potentially result in a significant growth in the number of beneficiaries in major federal entitlement programs, leading to fiscal pressures and challenges for economic growth.

Keywords

  • aging
  • economic growth
  • fiscal policy
  • growth
  • macroeconomics
  • Welfare
  • Welfare State

Editors and Affiliations

  • The Levy Economics Institute, USA

    Dimitri B. Papadimitriou

  • Bard College, Annandale-on-Hudson, USA

    Dimitri B. Papadimitriou

About the editor

RANIA ANTONOPOULOS Research Scholar, Levy Economics Institute, USA AXEL BOERSCH-SUPAN Director, Mannheim Research Institute for the Economics of Aging (MEA), Germany; Professor for Macroeconomics and Public Policy, University of Mannheim, Germany ZVI BODIE Norman and Adele Barron Professor of Management, Boston University, USA CLARK BURDICK Economist, Social Security Office of Policy, USA BARBARA A. BUTRICA Senior Research Associate, Urban Institute, USA MELISSA FAVREAULT Senior Research Associate, Urban Institute Income and Benefits Policy Center, USA LI GAN Associate Professor of Economics, Texas A&M University, College Station, USA; Faculty Research Fellow, National Bureau of Economic Research, USA TERESA GHILARDUCCI Professor of Economics, University of Notre Dame, USA; Director, Higgins Labor Research Center, University of Notre Dame, USA JAGADEESH GOKHALE Senior Fellow, Cato Institute, USA GUAN GONG Associate Professor, Shanghai University of Finance and Economics, China BROOKE HARRINGTON Assistant Professor of Sociology and Public Policy, Brown University, USA ROBERT HAVEMAN John Bascom Emeritus Professor, Department of Economics and La Follette School of Public Affairs, University of Wisconsin-Madison, USA; Research Affiliate, Institute for Research on Poverty, USA MICHAEL HURD Director, RAND Center for the Study of Aging, USA; Research Associate, National Bureau of Economic Research, USA STEPHANIE A. KELTON Associate Professor of Economics, University of Missouri, Kansas City, USA; Research Scholar, Center for Full Employment and Price Stability (C-FEPS), USA HYUNSUB KUM Research Scholar, Levy Economics Institute, USA JAMES MARTON Assistant Professor, Martin School of Public Policy and Administration, University of Kentucky, USA GORDON B.T. MERMIN Research Associate, Urban Institute, USA SERGIO NISTICÒ Associate Professor of Economics, Faculty of Economics, University of Cassino, Italy LUCIE G. SCHMIDT Assistant Professor, Department of Economics, Williams College, USA LOIS B. SHAW Consultant, Institute for Women's Policy Research, Washington, DC, USA KAREN E. SMITH Senior Research Associate, Urban Institute, USA RICHARD STARTZ Castor Professor of Economics, University of Washington, USA C. EUGENE STEUERLE Senior Fellow, Urban Institute, USA; Co-Director, Urban-Brookings Tax Policy Center, USA DANIEL L. THORNTON Vice President and Economic Advisor, Federal Reserve Bank of St. Louis, USA ROBERT K. TRIEST Senior Economist and Policy Advisor, Research Department of the Federal Reserve Bank of Boston, USA SHRIPAD TULJAPURKAR Morrison Professor of Population Studies and Professor of Biological Sciences, Stanford University, USA BARBARA WOLFE Director, LaFollette School of Public Affairs and Professor of Economics and Population Health Sciences, University of Wisconsin-Madison, USA EDWARD N. WOLFF Professor of Economics, New York University, USA; Senior Scholar, Levy Economics Institute of Bard College, USA; Research Associate, National Bureau of Economic Research, USA STEPHEN A. WOODBURY Professor of Economics, Michigan State University, USA; Senior Economist, W.E. Upjohn Institute, Kalamazoo, Michigan, USA L. RANDALL WRAY Professor of Economics and Research Director, Center for Full Employment and Price Stability, University of Missouri - Kansas City, USA; Senior Scholar, Levy Economics Institute of Bard College, NY, USA AJIT ZACHARIAS Senior Scholar, Levy Economics Institute, USA.

Bibliographic Information

Buying options

eBook
USD 139.00
Price excludes VAT (USA)
  • ISBN: 978-0-230-59144-8
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 180.00
Price excludes VAT (USA)
Hardcover Book
USD 190.00
Price excludes VAT (USA)