Advances in the Economics of Aging

Hardcover (Print)
Buy New
Buy New from
Used and New from Other Sellers
Used and New from Other Sellers
from $4.23
Usually ships in 1-2 business days
(Save 95%)
Other sellers (Hardcover)
  • All (6) from $4.23   
  • New (3) from $62.56   
  • Used (3) from $4.23   


This volume presents innovative research on issues of importance to the well-being of older persons: labor market behavior, health care, housing and living arrangements, and saving and wealth.

Specific topics include the effect of labor market rigidities on the employment of older workers; the effect on retirement of the availability of continuation coverage benefits; and the influence of the prospective payment system (PPS) on rising Medicare costs. Also considered are the effects of health and wealth on living arrangement decisions; the incentive effects of employer-provided pension plans; the degree of substitution between 401(k) plans and other employer-provided retirement saving arrangements; and the extent to which housing wealth determines how much the elderly save and consume.

Two final studies use simulations that describe the implications of stylized economic models of behavior among the elderly. This timely volume will be of interest to anyone concerned with the economics of aging.

Read More Show Less

Product Details

Meet the Author

David A. Wise is the John F. Stambaugh Professor of Political Economy at the Kennedy School of Government at Harvard University. He is the area director of Health and Retirement Programs and director of the Program on the Economics of Aging at the National Bureau of Economic Research.

Read More Show Less

Table of Contents

Introduction by David A. Wise
1: The Effect of Labor Market Rigidities on the Labor Force Behavior of Older Workers
Michael D. Hurd
Comment: Angus S. Deaton
2: Why Are Retirement Rates So High at Age 65?
Robin L. Lumsdaine, James H. Stock, David A. Wise.
3: The Military Pension, Compensation, and Retirement of U.S. Air Force Pilots
John Ausink, David A. Wise.
Comment on Chapters 2 and 3: Robert J. Willis
4: Health Insurance and Early Retirement: Evidence from the Availability of Continuation Coverage
Jonathan Gruber, Brigitte C. Madrian.
Comment: Richard J. Zeckhauser
5: Medicare Reimbursement and Hospital Cost Growth
Mark B. McClellan
Comment: Thomas E. MaCurdy
6: Living Arrangements: Health and Wealth Effects
Axel Borsch-Supan, Daniel L. McFadden, Reinhold Schnabel.
Comment: Steven F. Venti
7: Do 401(k) Plans Replace Other Employer-Provided Pensions?
Leslie E. Papke, Mitchell Petersen, James M. Poterba.
Comment: Richard Thaler
8: Is Housing Wealth a Sideshow?
Jonathan S. Skinner
Comment: John B. Shoven
9: Elderly Health, Housing, and Mobility
Jonathan S. Feinstein
Comment: Daniel L. McFadden
10: Intergenerational Transfers, Aging, and Uncertainty
David N. Weil
Comment: James M. Poterba
Author Index
Subject Index

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)