Annual Review of Gerontology and Geriatrics, Volume 22, 2002: Economic Outcomes in Later Life: Public Policy, Health and Cumulative AdvantageStephen Crystal, PhD, Dennis Shea, PhD Leading scholars focus on the economics of aging, with a particular emphasis on the economic future of the baby boom generation. Key themes include the influence of early advantages on later-life economic outcomes (the cumulative advantage/cumulative disadvantage hypothesis); the relationship between inequalities in economic status and inequalities in health status and access to health care; and the consequences of societal choices concerning retirement income systems and policies for financing acute and long-term health care. Contributors include Angela O'Rand, Edward Wolf, Edward Whitehouse, and James Smith. |
Contents
Cumulative Advantage Public Policy | 1 |
Cumulative Advantage and Gerontological Theory | 14 |
Income Wealth and LateLife Inequality in the | 31 |
Copyright | |
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adjusted family income adult age group American average baby boom baby boomers benefits Bernheim capital gains changes consumption contributions Crystal cumulative advantage DB plans DC pension decline depression differences disability profiles early earnings economic well-being educational attainment effects elderly estimates example Figure gender gender gap Gerontology Gini coefficients group 47 Hauser high school Hispanic income distribution income quintiles increase individuals Journal Kessler Lusardi married couples married women Matthew Effect Mean Income measure median midlife health Model months from death NIPA saving NLSYW nomic O'Rand observed OECD older outcomes overall pension coverage pension income pension plans pension wealth personal saving population poverty line prior to death ratio relative replacement rate reported respondents retirement income retirement wealth sample saving rate Shea Social Security wealth socioeconomic status stock market survey Table United United Kingdom wage wealth effect women in Cohort workers