Overview

The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid work, yet they are living longer than ever. Their well-being is shaped by their past decisions such as their saving behavior, as well as by current and future economic conditions, health status, medical innovations, and a rapidly evolving landscape of policy incentives and supports. The contributions to Insights in the Economics of Aging uncover how financial, physical, and emotional well-being are integrally related. The authors consider the interactions between financial circumstances in later life, such as household savings and home ownership, physical circumstances such as health and disability, and emotional well-being, including happiness and mental health.

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9780226426679

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"""This volume has a great deal to offer readers and will be essential reading for researchers and policy experts interested in population ageing and policy analysis more generally. Each chapter presents an innovative empirical analysis of one element of population ageing. Collectively a wide array of topics is covered, from individual decision-making and welfare to systemic challenges to institutional design. Each study is executed and presented to a very high standard, significantly adding to our understanding while stimulating research into new areas.""-- ""Economic Record"""

This volume has a great deal to offer readers and will be essential reading for researchers and policy experts interested in population ageing and policy analysis more generally. Each chapter presents an innovative empirical analysis of one element of population ageing. Collectively a wide array of topics is covered, from individual decision-making and welfare to systemic challenges to institutional design. Each study is executed and presented to a very high standard, significantly adding to our understanding while stimulating research into new areas. -- Economic Record

Author Information

David A. Wise is the John F. Stambaugh Professor of Political Economy at the Kennedy School of Government at Harvard University. He is the area director of Health and Retirement Programs and director of the Program on the Economics of Aging at the NBER.

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