The Economics of Old Age Support
October 30 and November 4, 2014
Contents:
Agenda
Sources for Presentation
Links
Handouts
PowerPoints
General Reading Assignment for the entire class:
( To view the sources for a paper, click on the title. )
I. OPENING REMARKS
II. EMPLOYMENT AS OLD-AGE SECURITY
- Can the Elderly Support Themselves? Demand for their Labor
- Can the Elderly Support Themselves? Supply for their Labor
III. CHILDREN AS OLD AGE SECURITY
IV. GOVERNMENT PROGRAMS AS OLD AGE SECURITY
- “How Should We Save America’s Social Security System? Parametric Changes”
- “How Should We Save America’s Social Security System? Structural Changes”
- “Has Privatization of Social Security Worked in Latin America?”
IV. SUMMARY AND CONCLUSIONS
II. II. EMPLOYMENT AS OLD-AGE SECURITY
Can the Elderly Support Themselves? Demand for their Labor:
Heywood, JK.; U. Jirjahn; G. Tseertsvardze, (2010), “Hiring older workers and employing older workers: German evidence”, Journal of Population Economics, vol. 23, pp. 595-615. (Consider only pp. 595-598 and pp 613-614.)
Lahey, Joanna N. (2008), “Age, Women and Hiring”, The Journal of Human Resources, vol 43, no. 1, pp 30-56 (Consider only pp 30-33 and pp 45-47.)
Lallemand, Thierry and Francois Ryex, (2009), “Are Older Workers Harmful for Firm Productivity?” De Economist, vol. 157, pp. 273-292. (Consider only pp. 273-276 and pp. 286-288.)
Malul, Miki, (2009), “Older worker’s employment in dynamic technology changes”, The Journal of Socio-Economics, vol. 38, pp. 809-813. (Consider only the Introduction pp809 and 810 and the Conclusions, page 812.)
Schone, Pal, (2009), “New technologies, new work practices and age structure of the workers”, Journal of Population Economics, vol. 22, pp 803-826. (Consider only pages 803-807 and pages 822 and 823.)
Maestas, N. and J. Zissimopoulos, (2010), “How Longer Working Lives Ease the Crunch of Population Aging”, Journal of Economic Perspectives, Vol. 24, No. 1, Winter pp 139-160. (Consider only pp 147-149 and pp 151-152.)
Van Dalen, H.; K. Henkens; J. Schippers, (2010), “Productivity of Older Workers: Perceptions of Employers and Employees”, Population and Development Revierw, vol. 36, no. 2, pp. 309-330. (Consider only pp. 309-314 and pp. 325-326.)
Yamada, A. (2010), ” Labor Force Participation Rates of Older Workers in Japan”, The Japanese Economy, Vol. 37, No. 1, pp 3-39. (Consider only pp 3-6 and pp 32-33.)
If you would like to write your term paper on this topic, click here to see some suggested sources.
Can the Elderly Support Themselves? Supply for their Labor:
Angelini, V.; A. Brigiavini; G. Weber, (2009), “Ageing and unused capacity in Europe: is there an early retirement trap?”, Economic Policy, July, pp. 463-508, (Consider only pp 465-469 and pp. 491-495.)
Butrica, B.; R. W. Johnson,; Smith, K.E.; Steurle, C.E., (2006), “The Implicit Tax on Work at Older Ages”, National Tax Journal, vol. 59, no. 2, pp.211-234. (Consider only pp. 211 and pp. 229-230).
Englehardt, G.; and A. Kumar, (2007), “The Repeal of the Retirement Earnings Test and the Labor supply of Older Men”, Journal of Pension Economics and Finance, vol. 8, no. 4, pp429-450. (Consider only pp. 429-431 and pp. 447-449.).
Haider, D, S. and D. Loughran, (2008), “The Effect of Social Security Earnings Test on Male Labor Supply”, The Journal of Human Resources, vol. 34, no. 1, pp57-87. (Consider only pp. 57-61 and page 81.)
Hairault, J.; T. Sopraeseuth; F. Langot, (2010), “Distance to Retirement and Older Workers Employment: The Case for Delaying the Retirement Age”, Journal of the European Economic Association, vol. 8, no. 5, pp 1034-1076. (Consider onlypp. 1034-1035 and page 1068.)
Maestas, N. and J. Zissimopoulos, (2010), “How Longer Working Lives Ease the Crunch of Population Aging”, Journal of Economic Perspectives, Vol. 24, No. 1, Winter pp 139-160. (Consider only pp 145-147 and pp150.)
Rubb, Stephen, (2009), “Overeducation among older workers: impact on wages and early retirement decisions”, Applied Economic Letters, vol. 16, pp. 162101626, (Consider only pp 1621-1622 sand page 1626,)
Schirle, T., (2008), “Why Have the Labor Force Participation Rates of Older Men Increased since the Mid – 1990s?, The Journal of Labor Economics, vol. 26, no. 4, pp. 549-586, (Consider only pp. 549-551 and pp. 583-584,)
Yamada, A., (2010), “Labor Force Participation Rates for Older Workers in Japan”, The Japanese Economy, vol. 37, no. 1, pp. 3-39. (Consider only pp 3-9 and pp. 32-33.)
If you would like to write your term paper on this topic, click here to see some suggested sources.
III. CHILDREN AS OLD AGE SECURITY
Is Economic Development Threatening Elder Support in China?
Family Support in China
Ikels, Charlotte (2006), “Economic Reform and Intergenerational Relationships in China”, Oxford Development Studies, Vol. 34, No. 4, December 2006, pp. 388-400.
Wang, Dewen, (2006), “China’s Urban and Rural Old Age Security System: Challenges and Options”, China and the World Economy, Vol. 14, pp 102-116.
Zavoretti, Roberta, (2006), “Family-based care for China’s ageing population”, AEJ, vol. 4, pp. 211-228.
Zhan, H. J., (2013), “Population Aging and Long-Term Care in China”, Generations, Vol 37, No. 1, pp 53-58.
Zimmer, Zachary; Kwong, Julia (2003), “Family Size and Support of Older Adults in Urban and Rural China: Current Effects and Future Implications”, Demography v40, n1 (February 2003): 23-44.
If you would like to write your term paper on this topic, click here to see some suggested sources.
III. GOVERNMENT PROGRAMS AS OLD AGE SECURITY
How Should We Save America’s Social Security System? Parametric Changes
Bernstein, Peter L., (2005), “The Real Issue in the Social Security Debate”, Journal of Portfolio Management, Vol. 31, No. 4, pp. ?
Diamond, Peter and Peter Orszag,(2005), “Saving Social Security”, in Journal of Economic Perspectives, Vol. 19, No. 2, Spring 2005, pages 11-32.
Ferber, M.; P. Simpson; V. Rouillon, (2006), “Aging and Social Security: Women as the Problem and the Solution”, Challenge. May-June, pp.105-119.
Munnell, Alicia, (2010), “Social Security’s Financial Outlook: The 2010 Update in Perspective”, Center for Retirement Research, September, No. 10-15.
Reznik, Gayle, Dave Shoffner and David Weaver, (2005/2006) “Coping with the Demographic Challenge: Fewer Children and Living Longer”, Social Security Bulletin, Vo. 66, No. 4 2005/2006, pp. 37-45
Wray, L. R., (2006), “Social Security in An Aging Society”, Review of Political Economy Vol. 18, no, 3, pp 391-411. (Consider only Section 4, pp. 408-410)
If you would like to write your term paper on this topic, click here to see some suggested sources.
How Should We Save America’s Social Security System? Structural Changes
Cogan, John F. and Olivia Mitchell, (2003), “Perspectives from the President’s Commission on Social Security Reform”, Journal of Economic Perspectives, (Spring 2003), vol.17, no. 2, pp. 149-172.
Coronado, Julia Lynn and Smith, Paul A. (2005) “Social Security at 70: Principles, Issues and Alternatives”, National Tax Journal, Vol 58, No. 3, September 2005, pp. 505-522.
Feldstein, Martin, (2005), “Structural Reform of Social Security”, in Journal of Economic Perspectives, Vol. 19, No. 2, Spring 2005, pages 33-55.
Garrett and Russell M. Rhine (2005), “Social Security versus Private Retirement Accounts: A Historical Analysis”, Federal Reserve Bank of St. Louis Review, March/April, pp. 103-121.
Richardson, David and Jason Seligman (2005), “Optimal Retirement Portfolios: Social Security Personal Accounts in the Context of Four Pillars”, Geneva Papers, Vol. 30, pp. 565-580.
If you would like to write your term paper on this topic, click here to see some suggested sources.
Has Privatization Worked in Latin America?
De Mesa, Arenas (2006), “The Structural Pension Reform in Chile: Effects, Comparisons with Other Latin American Reforms, and Lessons”, Oxford Review of Economic Policy, Vol. 22, No. 1, pp 149-167.
Borzutzky, S., (2005), “From Chicago to Santiago: Neoliberalism and Social Security Privatization in Chile”, Governance: An International Journal of Policy Administration and Institutions, Vol. 18, No. 4, pp 655-674. (Consider only pp. 666-669.)
Kritzer, Barbara E. (2000), “Social Security Privatization in Latin America”, Social Security Bulletin v63, n2 (2000): 17-37.
Mesa Lago, C. (2006), “Private and Public Pension Systems Compared: an Evaluation of the Latin American Experience”, Review of Political Economy, Vol. 18, No. 3, pp 317-334. (Consider only pp 3178-320 and pp 332-333.)
Mesa Lago, C. (2009), “Re-reform of Latin Am,erican Private Pension Systems: Argentina and Chilean Models and Lessons”, The Geneva Papers Vol. 34, pp 602-617. (Consider only pp 602-604.)
Muller, Katharina (2000) “Pension Privatization in Latin America”, Journal of International Development v12, n4 pp 507-518.
White, Joseph, (2000), “Looking in the Wrong Place: Why Chile Provides No Evidence for Social Security Privatization”, Public Budgeting and Finance, Vol. 20, No. 4, pp 52-62.
If you would like to write your term paper on this topic, click here to see some suggested sources.
- Social Security privatization
- New York Times Series on Social Security
- Analysis of the Social Security Trustees 2001 Report
- The Social Security Trustees 2001 Report
EMPLOYMENT AS OLD-AGE SECURITY
- Can the Elderly Support Themselves?
CHILDREN AS OLD AGE SECURITY
- “Do Children Provide Old Age Security in the United States?”
- “Do Children Provide Old-Age Security in the Developing World?”
GOVERNMENT PROGRAMS AS OLD AGE SECURITY
- “Should We Privatize America’s Social Security System?”
- “How Should We Privatize Social Security?”
- “Has Privatization of Social Security Worked in Latin America?”
Required Reading
Sylvester J. Scheiber and John B. Shoven, “Social Security Reform: Around the World in 80 Ways”, American Economic Review, Vol. 86, No. 2, May 1996, pp. 373-377.
II. EMPLOYMENT AS OLD-AGE SECURITY
- “Can the Elderly Support Themselves?-Demand for their Labor”
- “Can the Elderly Support Themselves?-Supply of their Labor”
III. CHILDREN AS OLD AGE SECURITY
- “Is Economic Development Threatening Elder Support in China?”
IV. GOVERNMENT PROGRAMS AS OLD AGE SECURITY
- “How Should We Save America’s Social Security System? Parametric Changes”
- “How Should We Save America’s Social Security System? Structural Changes”
- “Has Privatization of Social Security Worked in Latin America?”