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June 2019

07Jun

How Will Retirement Saving Change By 2050? Prospects for the Millennial Generation

By William G. Gale, Hilary Gelfond, Jason J. Fichtner We consider prospects for retirement saving for members of the millennial generation, who will be between ages 54 and 69 in 2050. Adequacy of retirement saving preparation among current and near-retirees is marked by significant heterogeneity, a characteristic that will likely hold for Millennials as well. In preparing for retirement, Millennials will have several advantages relative to previous generations, such as more education, longer working lives, and more flexible work arrangements,...

June 7, 2019
Aging, Articles, Labor Market, Savings, ,
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May 2019

31May

Pension Scheme Designs: Can It Influence Timing of Retirement? The Case of the Public Service Pension Scheme in Uganda

By Kibs Boaz Muhanguzi Ambiguity in literature about how pensions influence retirement decision can be a challenge to policy formulation unless further inquiry is done. This ambiguity could be attributed to a number of factors including the study scope, different pension designs and differing study methodologies. Using Uganda’s public service pension scheme, this study delves into exploring whether the scheme’s design influences timing of retirement. Using a probit model, analysis of the effect of pension o timing of retirement...

May 31, 2019
Aging, Articles, Pension design, ,
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24May

Retirement and Social Security

By Giam Cipriani, Tamara Fioroni In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and pension...

May 24, 2019
Aging, Articles, Pension design, Savings, , ,
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20May

Three Economic Myths about Ageing: Participation, Immigration and Infrastructure

By Dr Cameron K. Murray, Leith van Onselen Population ageing due to longevity is one of the greatest successes of the modern era. However, it is widely thought to dramatically reduce workforce participation and overall output resulting in significant economic costs. This widely held view is wrong. Ageing countries have higher economic growth and the improved health and longevity of older people increases their economic contributions. High immigration is also thought to combat population ageing and be a remedy...

May 20, 2019
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10May

Aging Well: Solutions to the Most Pressing Global Challenges of Aging (English Edition)

By Jean Galiana, William A. Haseltine This open access book outlines the challenges of supporting the health and wellbeing of older adults around the world and offers examples of solutions designed by stakeholders, healthcare providers, and public, private and nonprofit organizations in the United States. The solutions presented address challenges including: providing person-centered long-term care, making palliative care accessible in all healthcare settings and the home, enabling aging-in-place, financing long-term care, improving care coordination and access to care,...

May 10, 2019
Aging, Books, Labor Market, ,
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10May

Aging in Sub-Saharan Africa: Recommendations for Furthering Research (English Edition)

By por National Research Council, Division of Behavioral and Social Sciences and Education, Committee on Population, Panel on Policy Research and Data Needs to Meet the Challenge of Aging in Africa In sub-Saharan Africa, older people make up a relatively small fraction of the total population and are supported primarily by family and other kinship networks. They have traditionally been viewed as repositories of information and wisdom, and are critical pillars of the community but as the HIV/AIDS pandemic...

May 10, 2019
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04May

Towards a New Pensions Settlement: The International Experience: Volume 3

By Gregg McClymont, Andy Tarrant. In a world of ageing populations, and in the midst of a global shift from defined benefit (DB) to defined contribution (DC) pensions, the onus is increasingly on individuals rather than employers to bear the risks of retirement provision. This book weighs the experiences of eight nations across the Americas, Asia and Europe, who have in common early adoption of DC pensions, but very different experiences of mitigation of that risk by the state, either...

May 4, 2019
Aging, Books, Pension design, ,
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April 2019

29Apr

Economics and Ageing: Volume I: Theory

By Jose Luis Iparraguirre This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in economics, health economics and the economics of ageing, but also policy makers, students, professionals and practitioners in gerontology, sociology, health-related sciences and social care. This volume introduces the different conceptualisations of age and definitions of `old age', as...

April 29, 2019
Aging, Books, Books,
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29Apr

Economics and Ageing: Volume II: Policy and Applied

By Jose Luis Iparraguirre This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in economics, health economics and the economics of ageing, but also policy makers, students, professionals and practitioners in gerontology, sociology, health-related sciences and social care. This volume discusses the fiscal implications of ageing, health economics and long-term care. Fiscal...

April 29, 2019
Aging, Books, Books,
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29Apr

Understanding Job Transitions and Retirement Expectations Using Stated Preferences for Job Characteristics

By Nicole Maestas (Harvard Medical School - Department of Health Care Policy), Kathleen J. Mullen (RAND Corporation), David Powell (RAND Corporation), Till Von Wachter (University of California, Los Angeles (UCLA) - Department of Economics), Jeffrey B. Wenger (RAND Corporation; American University - School of Public Affairs) As the population ages in the United States and other countries, encouraging older individuals to work would help counter increasing dependency ratios and improve national economic outcomes. Extending working lives is likely not simply...

April 29, 2019
Aging, Articles, Labor Market,
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