Demographic Change and Fiscal Policy

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The essays in this volume discuss such timely topics as demographic change and the outlook for Social Security and Medicare in the United States; long term decision making under uncertainty; the effect of changing family structure on government spending; how the structure of public retirement policies has encouraged early retirement in some countries and not others; the response of local community spending to demographic change; and related topics.

Contributors include many of the world's leading public finance economists and economic demographers.

Ronald Lee, Shripad Tuljapurkar, Daniel McFadden, James Smith, Alan J. Auerbach, Kevin Hassett, Peter Diamond, Thomas MaCurdy, Thomas Nechyba, Hilary Hoynes, Robert Willis, Jonathan Gruber, David Wise, Axel Borsh-Supan, Massimo Livi Bacci, Bernd Raffelhiischen, David Weil, David Weir, David M. Cutler, Louise Sheiner, Victor Fuchs, Steven Caldwell, Alla Gantman, Jagadeesh Gokhale, Thomas Johnson, Laurence J. Kotlikoff, Nada Eissa, Robert A. Moffitt, David Card, S. Philip Morgan

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Editorial Reviews

From the Publisher
"I recommend this book to anyone interested in social insurance programs or fiscal policy. The papers cover a wide spectrum and address important contemporary issues." Eastern Economic Journal
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Product Details

  • ISBN-13: 9780521088275
  • Publisher: Cambridge University Press
  • Publication date: 10/30/2008
  • Pages: 468
  • Product dimensions: 6.00 (w) x 8.90 (h) x 1.20 (d)

Table of Contents

1. Introduction; 2. Population forecasting for fiscal planning: issues and innovations Ronald Lee and Shripad Tuljapurkar; Comment Daniel McFadden; Comment James Smith; 3. Uncertainty and the design of long-run fiscal policy Alan J. Auerbach and Kevin Hassett; Comment Peter Diamond; Comment Shripad Tuljapurkar; 4. How does a community's demographic composition alter its fiscal burdens? Thomas MaCurdy and Thomas Nechyba; Comment Hilary Hoynes; Comment Robert Willis; 5. Social security, retirement incentives, and retirement behavior: an international perspective Jonathan Gruber and David Wise; Comment Axel Borsh-Supan; Comment Massimo Livi Bacci; 6. Aging, fiscal policy and social insurances: a European perspective Bernd Raffelhüschen; Comment David Weil; Comment David Weir; 7. Demographics and medical care spending: standard and non-standard effects David M. Cutler and Louise Sheiner; Comment Victor Fuchs; 8. Projecting Social Security's finances and its treatment of postwar Americans Steven Caldwell, Alla Gantman, Jagadeesh Gokhale, Thomas Johnson and Laurence J. Kotlikoff; Comment Nada Eissa; 9. Demographic change and public assistance expenditures Robert A. Moffitt; Comment David Card; Comment S. Philip Morgan.
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