Arbeitspapier

Economic perspectives on aging

The aging of the American population will be a critical public policy issue in the years ahead. This paper surveys the recent literature on the economics of aging, with a special emphasis on government spending on the aged. The U.S. Census Bureau projects that the proportion of the elderly in the total population will increase while the proportion of the working-age population will decline. This demographic shift implies a significant growth in the number of beneficiaries of major federal entitlement programs. Existing rules and escalating health care costs are expected to lead to fiscal pressures and to pose challenges for economic growth. The paper offers the author’s assessment of the forces that determine government spending on retirees. It also examines how the retirement and health care of older citizens might be financed, and measures the potential impact of different reform proposals. Finally, it provides an introduction to an edited volume, Government Spending on the Elderly.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 500

Klassifikation
Wirtschaft
Retirement; Retirement Policies
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Public Goods
Social Security and Public Pensions
Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
Fiscal Policy
Thema
Economics of Aging
Retirement and Health Care Programs
Government Spending on Elderly
Fiscal Pressures of Entitlements

Ereignis
Geistige Schöpfung
(wer)
Papadimitriou, Dimitri B.
Ereignis
Veröffentlichung
(wer)
Levy Economics Institute of Bard College
(wo)
Annandale-on-Hudson, NY
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Papadimitriou, Dimitri B.
  • Levy Economics Institute of Bard College

Entstanden

  • 2007

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