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Social Security and Economic Well-being Across Generations

Social Security and Economic Well-being Across Generations PDF Author: John R. Gist
Publisher:
ISBN:
Category : Aging
Languages : en
Pages : 182

Book Description


Social Security and Economic Well-being Across Generations

Social Security and Economic Well-being Across Generations PDF Author: John R. Gist
Publisher:
ISBN:
Category : Aging
Languages : en
Pages : 182

Book Description


Social Security and Economic Well-being Across Generations

Social Security and Economic Well-being Across Generations PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
Reviews the Social Security programme from the 1930s to the 1980s. Examines the challenges facing it in the future.

Why Social Security?

Why Social Security? PDF Author: Mary Ross
Publisher:
ISBN:
Category : Social security
Languages : en
Pages : 24

Book Description


The Coming Generational Storm

The Coming Generational Storm PDF Author: Laurence J. Kotlikoff
Publisher: MIT Press
ISBN: 9780262612081
Category : Business & Economics
Languages : en
Pages : 308

Book Description
Who could survive a fiscal crisis? This preemptive manual teaches how to protect against skyrocketing tax rates, drastically reduced health and retirement benefits, high inflation and a ruined currency.

The Next America

The Next America PDF Author: Paul Taylor
Publisher: PublicAffairs
ISBN: 1610396685
Category : Social Science
Languages : en
Pages : 290

Book Description
The America of the near future will look nothing like the America of the recent past. America is in the throes of a demographic overhaul. Huge generation gaps have opened up in our political and social values, our economic well-being, our family structure, our racial and ethnic identity, our gender norms, our religious affiliation, and our technology use. Today's Millennials -- well-educated, tech savvy, underemployed twenty-somethings -- are at risk of becoming the first generation in American history to have a lower standard of living than their parents. Meantime, more than 10,000 Baby Boomers are retiring every single day, most of them not as well prepared financially as they'd hoped. This graying of our population has helped polarize our politics, put stresses on our social safety net, and presented our elected leaders with a daunting challenge: How to keep faith with the old without bankrupting the young and starving the future. Every aspect of our demography is being fundamentally transformed. By mid-century, the population of the United States will be majority non-white and our median age will edge above 40 -- both unprecedented milestones. But other rapidly-aging economic powers like China, Germany, and Japan will have populations that are much older. With our heavy immigration flows, the US is poised to remain relatively young. If we can get our spending priorities and generational equities in order, we can keep our economy second to none. But doing so means we have to rebalance the social compact that binds young and old. In tomorrow's world, yesterday's math will not add up. Drawing on Pew Research Center's extensive archive of public opinion surveys and demographic data, The Next America is a rich portrait of where we are as a nation and where we're headed -- toward a future marked by the most striking social, racial, and economic shifts the country has seen in a century.

Key Issues in Understanding the Economic and Health Security of Current and Future Generations of Seniors

Key Issues in Understanding the Economic and Health Security of Current and Future Generations of Seniors PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

Book Description
Concerted attention by policymakers to the nation's budget deficit and debt has spurred several deficit-- and debt-reduction proposals, which typically include changes to the nation's three major entitlement programs -- Medicare, Medicaid, and Social Security. Some reforms that have been proposed include: raising the age of eligibility for Medicare from 65 to 67; requiring higher--income Medicare beneficiaries to contribute more to the cost of Medicare coverage than they currently do; providing block grants to states to pay the federal share of their Medicaid program expenses; and using the chained consumer price index to determine the growth in Social Security benefit payments, which would slow their growth over time. If implemented, such changes could significantly affect the economic and health security of current and future generations of seniors in their retirement years. Policy options affecting health care programs and Social Security are often discussed separately from one another. But policy choices in each area -- health care and retirement income -- interact in their effect on the economic security and well-being of seniors. For example, increasing how much seniors have to pay out of pocket for premiums or cost-sharing amounts would result in health care expenses absorbing a larger share of retirees' income and savings, putting more seniors -- especially those living on limited incomes -- at greater risk of financial insecurity. Similarly, constraining the growth in annual increases in Social Security payments would result in less income available to pay for rising health care costs. This brief examines key issues to help bridge policy discussions related to the economic and health security of seniors, drawing from recent data and research and a discussion among experts from the income, retirement security, and health policy fields at a roundtable convened by the Kaiser Family Foundation in 2011. The goal of the roundtable was to develop a more integrated understanding of the economic and health security issues facing seniors, and of the role that Medicare, Medicaid, and Social Security play in ensuring seniors' financial security (notwithstanding the important role these programs play for other populations, including nonelderly people with disabilities). These facts and findings have important implications for understanding the effects of proposed changes to Medicare, Medicaid and Social Security.

Population Aging and the Generational Economy

Population Aging and the Generational Economy PDF Author: Ronald Demos Lee
Publisher: Edward Elgar Publishing
ISBN: 0857930583
Category : Social Science
Languages : en
Pages : 617

Book Description
'While there already exists a crowded body of publications addressing the effect of an aging population on the economy, this monograph is most outstanding in presenting a global, in-depth analysis of the implications thereby generated for 23 developed and developing countries. . . Scholars, researchers, and practitioners everywhere will benefit immensely from this comprehensive work.' – H.I. Liebling, Choice 'Ron Lee and Andrew Mason's Population Aging and the Generational Economy is a demographic and economic tour-de-force. Their collaborative, intercontinental. . . study of aging, consumption, labor supply, saving, and private and public transfers is the place to go to understand global aging and its myriad and significant economic challenges and opportunities.' – Laurence Kotlikoff, Boston University, US 'The culmination of. . . work by Lee, Mason, and their collaborators from around the world to extend Samuelson's framework to accommodate realistic demography, empirical measurement of age-specific earnings, consumption, tax payments, and benefit receipts, the studies. . . demonstrate the power of this integrated economic-demographic framework to advance our understanding of critical public policy challenges faced by countries at different stages of demographic transition and population aging.' – Robert Willis, University of Michigan, US 'Lee and Mason have done scholars and practitioners a magnificent service by undertaking this comprehensive, compelling, and supremely innovative examination of the economic consequences of changes in population age structure. The book is a bona fide crystal ball. It will be a MUST READ for the next decade!' – David Bloom, Harvard School of Public Health, US 'Population Aging and the Generational Economy provides an encompassing account of what we know about population aging and the impact that this process will have on our economies. It does not confine itself to the advanced industrial countries, where aging has already been largely studied, but adopts a truly global perspective. I am sure it will become a key reference for researchers, students and those involved in policy-making in areas that are affected by population aging.' – Giuliano Bonoli, Swiss Graduate School of Public Administration (IDHEAP), Switzerland Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend on key actors in the generational economy: governments, families, financial institutions, and others. This path-breaking book provides a comprehensive analysis of the macroeconomic effects of changes in population age structure across the globe. The result of a substantial seven-year research project involving over 50 economists and demographers from Africa, Asia, Europe, Latin America, and the United States, the book draws on a new and comprehensive conceptual framework – National Transfer Accounts – to quantify the economic lifecycle and economic flows across generations. It presents comprehensive estimates of both public and private economic flows between generations, and emphasizes the global nature of changes in population age structure that are affecting rich and poor countries alike. This unique and informative book will prove an invaluable reference tool for a wide-ranging audience encompassing students, researchers, and academics in fields such as demography, aging, public finance, economic development, macroeconomics, gerontology, and national income accounting; for policy-makers and advisers focusing on areas of the public sector such as education, health, pensions, other social security programs, tax policy, and public debt; and for policy analysts at international agencies such as the World Bank, the IMF, and the UN.

Discoveries in the Economics of Aging

Discoveries in the Economics of Aging PDF Author: David A. Wise
Publisher: University of Chicago Press
ISBN: 9780226146096
Category : Business & Economics
Languages : en
Pages : 0

Book Description
The oldest members of the Baby-Boomer generation are now crossing the threshold of eligibility for Social Security and Medicare with extensive and significant implications for these programs’ overall spending and fiscal sustainability. Yet the aging of the Baby Boomers is just one part of the rapidly changing landscape of aging in the United States and around the world. The latest volume in the NBER’s Economics of Aging series, Discoveries in the Economics of Aging assembles incisive analyses of the most recent research in this expanding field of study. A substantive focus of the volume is the well-documented relationship between health and financial well-being, especially as people age. The contributors explore this issue from a variety of perspectives within the context of the changing demographic landscape. The first part of the volume explores recent trends in health measurement, including the use of alternative measurement indices. Later contributions explore, among other topics, alternate determinants of health, including retirement, marital status, and cohabitation with family, and the potential for innovations, interventions, and public policy to improve health and financial well-being.

Communities in Action

Communities in Action PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309452961
Category : Medical
Languages : en
Pages : 583

Book Description
In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

U.S. Health in International Perspective

U.S. Health in International Perspective PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309264146
Category : Social Science
Languages : en
Pages : 421

Book Description
The United States is among the wealthiest nations in the world, but it is far from the healthiest. Although life expectancy and survival rates in the United States have improved dramatically over the past century, Americans live shorter lives and experience more injuries and illnesses than people in other high-income countries. The U.S. health disadvantage cannot be attributed solely to the adverse health status of racial or ethnic minorities or poor people: even highly advantaged Americans are in worse health than their counterparts in other, "peer" countries. In light of the new and growing evidence about the U.S. health disadvantage, the National Institutes of Health asked the National Research Council (NRC) and the Institute of Medicine (IOM) to convene a panel of experts to study the issue. The Panel on Understanding Cross-National Health Differences Among High-Income Countries examined whether the U.S. health disadvantage exists across the life span, considered potential explanations, and assessed the larger implications of the findings. U.S. Health in International Perspective presents detailed evidence on the issue, explores the possible explanations for the shorter and less healthy lives of Americans than those of people in comparable countries, and recommends actions by both government and nongovernment agencies and organizations to address the U.S. health disadvantage.