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Issues in the Economics of Aging

This companion volume to The Economics of Aging (1989) examines the economic consequences of an increasingly older population, focusing on the housing and living arrangements of the elderly, as well as their labor force participation and retirement.

403 pages | 121 tables, 39 figures | 6.00 x 9.00 | © 1990

National Bureau of Economic Research Project Report

Economics and Business: Economics--Development, Growth, Planning, Health Economics

Table of Contents

Acknowledgments
Overview
David A. Wise
1. But They Don’t Want to Reduce Housing Equity
Steven F. Venti and David A. Wise
Comment: Alan J. Auerbach
2. The Dynamics of Housing Demand by the Elderly: User Cost Effects
Chunrong Ai, Jonathan Feinstein, Daniel McFadden, and Henry Pollakowski
Comment: Michael D. Hurd
3. A Dynamic Analysis of Household Dissolution and Living Arrangement Transitions by Elderly Americans
Axel H. Börsch-Supan
Comment: Herman B. Leonard
4. The American Way of Aging: An Event History Analysis
David T. Ellwood and Thomas J. Kane
Comment: James H. Schultz
5. Why Don’t the Elderly Live with Their Children? A New Look
Laurence J. Kotlikoff and John N. Morris
Comment: Axel H. Börsch-Supan
6. Predicting Nursing Home Utilization among the High-Risk Elderly
Alan M. Garber and Thomas MaCurdy
Comment: Joseph P. Newhouse
7. The Pension Inducement to Retire: An Option Value Analysis
James H. Stock and David A. Wise
Comment: Edward P. Lazear
8. The Joint Retirement Decision of Husbands and Wives
Michael D. Hurd
Comment: Gary Burtless
9. How Do the Elderly Form Expectations? An Analysis of Responses to New Information
B. Douglas Bernheim
Comment: Sherwin Rosen
10. Adjusting to an Aging Labor Force
Edward P. Lazear
Comment: Finis Welch
11. Behavior of Male Workers at the End of the Life Cycle: An Empirical Analysis of States and Controls
John Rust
Comment: Angus Deaton
Contributors
Author Index
Subject Index

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