In nearly every industrialized country, large aging populations and increased life expectancy have placed enormous pressure on social security programs-and, until recently, the pressure has been compounded by a trend toward retirement at an earlier age. With a larger fraction of the population...

Analyses in the Economics of Aging summarizes a massive amount of new research on several popular and less-examined topics pertaining to the relationship between economics and aging. Among the many themes explored in this volume, considerable attention is given to new research on retirement...

Many countries have social security systems that are currently financially unsustainable. Economists and policy makers have long studied this problem and identified two key causes. First, as declining birth rates raise the share of older persons in the population, the ratio of retirees to...

Intro -- Contents -- Preface -- Introduction - David A. Wise and Richard Woodbury -- I. Financing Retirement -- 1. Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts - James M. Poterba, Steven F. Venti, and David A. Wise -- 2. Economic Preparation...

Intro -- Contents -- Acknowledgments -- Introduction - Courtney Coile, Kevin Milligan, and David A. Wise -- 1. Disability Insurance Incentives and the Retirement Decision: Evidence from the United States - Courtney Coile -- 2. Effect of Pensions and Disability Benefits on Retirement in the...

The future of Social Security is troubled, both in the United States and in most other developed countries with aging populations. As improvements in health care and changes in life styles enable retirees to live longer than ever before, the stress on national budgets will increase...

This book investigates several important issues in the economics of aging, including the accumulation of wealth and the relationship between health and financial prosperity.Examining the changes in savings behavior and investment priorities in the United States over the past few decades,...

Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages...

In recent years, the retirement age for public pensions has increased across many countries, and additional increases are in progress or under discussion in many more. The seventh stage of an ongoing research project studying the relationship between social security programs and labor force...

In nearly every industrialized country, large aging populations and increased life expectancy have placed enormous pressure on social security programs—and, until recently, the pressure has been compounded by a trend toward retirement at an earlier age. With a larger fraction of the population...