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Centre for Policy on Ageing | |
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Can we afford to grow older? a perspective on the economics of aging | Author(s) | Richard Disney |
Publisher | MIT Press, Cambridge, MA, 1997 |
Pages | 344 pp |
Source | MIT Press, Massachusetts Institute of Technology, Cambridge, Mass 02142. |
Keywords | Economics ; Social security benefits ; Pensions ; Private pensions ; Employment of older people ; Health services ; Finance [care] ; Social policy ; Mathematical models ; International. |
Annotation | An ageing population, increasing life expectancies, and the prospect of baby boomers reaching retirement age are all likely to cause problems with pension provision in the United States, the UK, and other advanced economies. This book provides a comprehensive survey of the implications of population ageing in OECD countries relative to a range of interrelated issues - social security, employer pensions, educational attainment, wage growth and distribution, economic productivity, consumption, savings, retirement, and health care - within a framework for modelling and discussing policy. The author concludes that there is no adverse effect of ageing on productivity. While there are serious crises with pay-as-you-go (PAYG) social insurance schemes and in health care, these have little to do with ageing. Interest in privatised pensions instead of social security is likely to continue as well. |
Accession Number | CPA-971119002 B |
Classmark | W: JH: JJ: JK: GC: L: QC: TM2: 3LM: 72 |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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