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Population aging and changing family patterns have made elder care an important issue. In 1994, German law-makers enacted a major reform in the country' s long-term care policy, the Dependency Insurance Act (DIA). How, and in what way, will the relative use of formal and informal long-term care...
Persistent link: https://www.econbiz.de/10010377521
Social Security retirement benefits have been noted for their capacity to redistribute benefits from higher to lower lifetime earners. However, two-thirds of older women receive spouse and widow benefits and the distributional impact of those benefits has not been well studied. Spouse and widow...
Persistent link: https://www.econbiz.de/10014071740
For most older people in the United States, Social Security is the major source of income: nine out of ten people age 65 or older receive benefits, which represent an average of 41 percent of their income. Largely as a result of Social Security, poverty rates for the elderly are at an all-time...
Persistent link: https://www.econbiz.de/10013126064
Social Security retirement benefits have been noted for their capacity to redistribute benefits from higher to lower lifetime earners. However, two-thirds of older women receive spouse and widow benefits and the distributional impact of those benefits has not been well studied. Spouse and widow...
Persistent link: https://www.econbiz.de/10010636799
For most older people in the United States, Social Security is the major source of income: nine out of ten people age 65 or older receive benefits, which represent an average of 41 percent of their income. Largely as a result of Social Security, poverty rates for the elderly are at an all-time...
Persistent link: https://www.econbiz.de/10005698325
Declines in health and financial resources lead many older Americans to turn to coresidence and the Supplemental Security Income (SSI) program for support. A growing literature examines coresidence choices and SSI participation, stressing the importance of each for vulnerable aged persons....
Persistent link: https://www.econbiz.de/10012708930
Longevity risk, which is typically portrayed as the problem of people outliving their assets, can be viewed as both an aggregate and an individual-level issue. A related issue is that of ‘active life,' an individual-level phenomenon, or ‘active life expectancy' (ALE), an aggregate...
Persistent link: https://www.econbiz.de/10012828622
Data with which to study disability dynamics usually take the form of successive current-status measures of disability rather than a record of events or spell durations. One recent paper presented a semi-Markov model of disability dynamics in which spell durations were inferred from sequences of...
Persistent link: https://www.econbiz.de/10014183451
Declines in health and financial resources lead many older Americans to turn to coresidence and the Supplemental Security Income (SSI) program for support. A growing literature examines coresidence choices and SSI participation, stressing the importance of each for vulnerable aged persons....
Persistent link: https://www.econbiz.de/10014071739
Past research has shown that income from the Social Security program has contributed to trends towards smaller households, greater residential independence - the tendency to live alone rather than with others - and a greater prevalence of home ownership late in life. However, the mechanism...
Persistent link: https://www.econbiz.de/10014044618