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Societal aging is arguably one of our most critical demographic challenges, and Singapore is aging at a much faster …-being and health and social care needs of older adults in Singapore. Formulating social and public policies that enhance the …-being, exploring correlations between disability levels and these factors. We then discuss policies the Singapore government has …
Persistent link: https://www.econbiz.de/10014447279
The single most important long run fiscal issue facing the developed world is the aging of its populations. In virtually every developed country, there will be a steep increase in the ratio of the elderly to the working age population over the first half of the 21st century. The purpose of our...
Persistent link: https://www.econbiz.de/10012470626
The U.S. population is aging. We examine whether immigration causally affects the likelihood that the U.S.-born elderly live in institutional settings. Using a shift-share instrument to identify exogenous variation in immigration, we find that a 10 percentage point increase in the less-educated...
Persistent link: https://www.econbiz.de/10012696429
The Medicare trust funds face huge prospective deficits by the end of this decade.This paper discusses trends in six areas that bear on the Medicare problem: the number of the elderly, their health status, use of medical care, labor force participation, income, and living arrangements. Among the...
Persistent link: https://www.econbiz.de/10012477828
We propose and quantify a novel mechanism behind the structural transformation process: older individuals devote a larger share of their expenditures to services, so the relative size of the service sector grows as the population ages. In a large sample of countries, we document that increases...
Persistent link: https://www.econbiz.de/10012480272
We provide an overview of research that indicates that older women face unique challenges and opportunities with respect to work, retirement, Social Security, and age discrimination law. We present estimates of poverty by age and sex, showing that poverty increases with age for women due to...
Persistent link: https://www.econbiz.de/10012481645
Although income and wealth are frequently used as indicators of well-being, they are increasingly augmented with subjective measures such as life satisfaction to capture broader dimensions of individuals' well-being. Based on data from large surveys of individuals, life satisfaction in...
Persistent link: https://www.econbiz.de/10012482256
Data from the Bureau of the Census, the Health Care Financing Administration, the NBER Tax File and the Current Population Survey are used to estimate for the elderly (ages 65 and above) consumption of health care and income available for other goods and services in 1975, 1985, and 1995....
Persistent link: https://www.econbiz.de/10012472168
In most data sets of labor force participation of the elderly, an empirical regularity that emerges is that retirement rates are particularly high at age 65. While there are numerous economic reasons why individuals may choose to retire at 65, empirical models that have attempted to explain the...
Persistent link: https://www.econbiz.de/10012473689
Providing and financing long-term care of the elderly are among the most challenging policy issues facing the aging American population. This study examines characteristics and selected measures of utilization in the population most likely to use long-term care. It investigates characteristics...
Persistent link: https://www.econbiz.de/10012476740