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Empirical Essays On Household Decisions Labor Supply Education And Savings
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Book Synopsis Empirical Essays on Household Decisions: Labor Supply, Education and Savings by : Hannah Paule-Paludkiewicz
Download or read book Empirical Essays on Household Decisions: Labor Supply, Education and Savings written by Hannah Paule-Paludkiewicz and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on the Economics of Household Decision Making by : Vipul Bhatt
Download or read book Three Essays on the Economics of Household Decision Making written by Vipul Bhatt and published by . This book was released on 2010 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: My research emphasizes the role of interrelated preferences in determining economic choices within a household. In this regard, I study both intergenerational interactions (between parents and children) and intragenerational interactions (between spouses). These linkages have important implications on individual economic behavior such as savings, labor supply, investment in human capital, and bequests which in turn affects aggregate savings and growth.
Download or read book Essays on Household Decision written by and published by . This book was released on 2014 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis considers the fact that the majority of households consists of two adults whose characteristics and preferences matter for the households' decisions. The rst chapter studies how an increase in the generosity of maternity leave payments a ects parental labor supply, early child development, and the relative well-being of the parents considering that parents may have di erent preferences over outcomes and that the policy change may a ect the parental bargaining positions. I develop and estimate a static cooperative Nash bargaining model of parental decision-making in the rst period of the child's life and use the model to investigate how the decision-making changes with an increase in the leave payments. The results indicate that mothers will spend more time at home rather than in the labor market when the leave payments increase, but that the average early child development is not much a ected. Furthermore, the policy shifts the bargaining positions within the household in favor of the father and, although both parents are better o from the policy change, the mother would be better o relative to the father without the increase in maternity leave payments. In the second chapter we look closer at how the insurance value of marriage, represented by the correlation of shocks to individual incomes, varies over di erent groups in the popu- lation. We nd that this value may be lower for more recent cohorts, and decrease with age and with higher education. The third chapter builds on the second. We investigate the importance of intra-household risk-sharing through labor supply by testing the following prediction: A higher correlation of income shocks within the household implies a lower ability to insure income through spousal labor supply and should, all else equal, lead to higher asset accumulation of the house- hold. Our results indicate that this prediction holds empirically, suggesting that households perceive spousal labor supply as an important income insurance.
Book Synopsis Essays in Labor Economics by : Eksten Itay Saporta
Download or read book Essays in Labor Economics written by Eksten Itay Saporta and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation studies micro and macro consumption and labor supply behavior. The first two essays study the response of consumption to income shocks and to job loss events, and draw implications to social insurance design. The last two essays turn to the macro picture, studying the behavior of aggregate consumption in the Great Recession, and exploring sources of the high unemployment observed during and in the aftermath of the Great Recession. The first essay is motivated by the documented empirical fact that job loss is associated with both pre- and post-job loss declines in hourly wages and earnings. Using recent data from the Panel Study of Income Dynamics, I show that consumption dynamics mirror these wage dynamics. To account for the consumption dynamics in the data I introduce a correlation between individual hourly wages and job loss into a life-cycle model with self insurance (through savings), social insurance, and endogenous unemployment durations. I find that this model is able to replicate the joint dynamics of wages, job loss and consumption that we observe in the data. I then show that accounting for the correlation between wages and job loss has important implications for the optimal design of unemployment insurance (UI). The consumption smoothing benefits of unemployment insurance are larger, and the cost of insurance lower, than suggested when this correlation is absent. Thus, while a model that assumes away these correlations yields optimal UI replacement rates close to zero, a model that incorporates the correlations predicts optimal rates of 0.54, slightly higher than the current US level. In the second essay we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We focus on the importance of family labor supply as an insurance mechanism to wage shocks and find strong evidence of smoothing of male's and female's permanent shocks to wages. Once family labor supply, assets and taxes are properly accounted for there is little evidence of additional insurance. In the third essay we review the evidence on changes in consumer spending during the Great Recession. We point out three distinctive features of consumption in the Great Recession. First, the drop in consumption was deep and persistent. Consumption per capita fell monotonically throughout the recession showing an overall decline greater than 4 percent from peak to trough. Spending on nondurables and (especially) services fell significantly compared to previous recessions. Second, consumption fell more than disposable income, partly as a result of an increase in government transfers to households. Third, the varying impact the recession has had across age, race, education and wealth groups resulted in a decline in consumption inequality. The last essay studies the role of geographic mobility in explaining the high levels of unemployment during and after the Great Recession. We find that the effect of mobility is always small: Using pre-recession mobility rates, decreased mobility can account for only an 11 basis points increase in the unemployment rate over the period. Using dynamics of renter geographical mobility in this period to calculate homeowner counterfactual mobility, delivers similar results. Using the highest mobility rate observed in the data, reduced mobility accounts for only a 33 basis points increase in the unemployment rate.
Book Synopsis Essays on Applied Economics by : Maria Eugenia Canon
Download or read book Essays on Applied Economics written by Maria Eugenia Canon and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Earnings across the lifecycle depend both on agents' initial conditions (pre-market factors, i.e., skills individuals acquire before entering the labor market) as well as on their labor market experience. In the following chapters I study differences in these initial conditions and the dynamics of earnings within and across employers. What explains differences in pre-market factors? Three types of inputs are believed to determine the skills agents take to the labor market: ability, family inputs and school inputs. Therefore it is crucial to understand first the importance of each of these inputs. The literature on the production of achievement has not been able to provide an estimation that can take the three factors into account simultaneously at the student level. Chapter 1 attempts to fill this gap by providing an estimation of the production function of achievement where both types of investments (families and schools) are considered in a framework where the inputs are allowed to be correlated with the unobserved term, ability to learn. I do this by applying Olley and Pakes' (1996) algorithm which accommodates for endogeneity problems in the choice of inputs for the production of achievement and by using parents' saving for their child's postsecondary education to control for the unobserved component (i.e. ability to learn) in the production of skills. What makes this saving measure informative is the fact that parents decide it at the same time they choose the home and school inputs that will affect the observed test score (the current outcome). However those savings will not affect the current outcome, but instead will affect future labor market outcomes through college choices. The estimates for the role of family inputs are in line with previous findings. Additionally, the estimates of school inputs show that they are also important for the formation of students' skills even after controlling for ability to learn. The estimates of the production function are used to compute counterfactual exercises. In particular, this paper evaluates what would happen if the inputs for black students are reassigned so that their inputs are the actual amount they receive plus the differential that white students receive. This exercise shows that equalizing home inputs would reduce the achievement gap by 15.6 percent while equalizing school inputs would do it by 9.2 percent. If instead inputs are altered only in 12th grade, home and school inputs have a similar impact on students' achievement: school inputs would reduce the gap by 7.2 percent while home inputs would do it by 7.4 percent. Chapter 2 explores a further area that Chapter 1 does not discuss: whether parents substitute or complement families and school inputs. Parents may alter the investment in their child's human capital in response to changes in schooling inputs. If substitutability between parental and school inputs in the production of achievement is prevalent, then increases in school inputs could crowd out parental inputs. If instead there exist complementarities between school and parental inputs, then increases in school inputs might increase parental involvement. Chapter 2 studies whether parents react when their child's school inputs decrease by studying out-of-school suspensions and their effect on parental involvement. Because out-of-school suspensions are chosen by the class teacher or the principal of the school and not by the parents, they are a good candidate for exogenous (to parental choice) variation in the level of school resources across students. Out-of-school suspensions are a consequence of student misbehavior, and thus do not occur randomly across students. Therefore, in order to capture the effect of how parents react to the decrease in school inputs, I instrument the number of out-of-school suspensions with measures of "principal's preference toward discipline." The identification comes from the fact that students in schools with stricter principals are more likely to be suspended. The estimates show that without controlling for selection, out-of-school suspensions are negatively correlated with the level of parental involvement. Once selection is taken into account, the effect disappears. Earnings depend not only on pre-market factors but also on the agent's experience in the labor market. That is, it is important which job he gets and how his earnings evolve within and across employers. In their seminal paper, Topel and Ward (1992) estimate that nearly a third of total wage growth in the first 10 years of labor market experience is due to wage jumps at the time of changing a job. Unfortunately, the job ladder model, the workhorse for this literature, cannot explain the big number of wage cuts for workers that change employers (as opposed to those who remain in their job). An extension of the job ladder model that has been proposed to ameliorate this failure is the introduction of a shock to the existing employer-employee match. But such a process has not been identified empirically in the literature yet. Chapter 3 uses a particular feature of the National Longitudinal Survey of Youth (NLSY79) to provide a convincing identification strategy for the wage shock process: two measures of workers' compensation, wages and labor earnings. The first part of the chapter shows that although the dynamics of wages are consistent with a job ladder model, the same is not true for the dynamics of earnings. While relatively large wage increases follow job-to-job transitions, we observe that job-to-job transitions are negatively correlated with hourly earnings. We speculate that this is due to the fact that job-to-job transitions are more likely to follow a large reduction in wages. We find that this result is robust to mis-measurement in the labor supply and disappears for workers paid by the year. The rationale for this last finding is that workers paid by the year are much less likely to be hit by wage shocks than other workers. Using the multiple measures of workers' compensation and data on employment transition, we calibrate a modified job ladder model that allows for shocks to the employer-employee match. We show that the model fits the data well and that a model that does not include this feature would fail to match the data"--Page v-vii.
Book Synopsis Essays in Household Economics by : Alexandre Fon
Download or read book Essays in Household Economics written by Alexandre Fon and published by . This book was released on 2021 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation contains three essays in applied microeconomics, with a focus on household decision-making.In the first chapter, I study the effect of asymmetric information about income on household decisions, resource sharing, and welfare. I proceed in four steps. In the first step, I develop a theoretical model that accounts for the possible existence of asymmetric information. The model predicts that households will partly mitigate the welfare cost of asymmetric information by incentivizing the wage earner to provide information about his or her true income. These incentives are provided by making the consumption share increase with reported income: the wage earner's consumption share is high when reporting a high income and low when reporting a low income. Second, I derive a new non-parametric identification result for this model. Third, I estimate the model using a survey of Bangladeshi day laborers. The estimation confirms the predictions of the model, providing evidence that the households in the data are affected by asymmetric information. Finally, I conduct three counterfactual analyses to document how asymmetric information interacts with policies and compute the willingness to pay in each case. In the second chapter, which is co-authored with Maria Casanova and Maurizio Mazzocco, we show that the intratemporal and intertemporal preferences of each decision-maker in the household can be identified even if individual consumption is not observed. This identification result is used jointly with the Consumer Expenditure Survey (CEX) to estimate the intratemporal and intertemporal features of individual preferences. The empirical findings indicate that there is heterogeneity in intertemporal preferences between wife and husband. In the third chapter, I use a major reform of the parental leave system in Quebec in 2006 to analyze how households make decisions related to parental leave. I show that the introduction of a father's quota - a policy designed to incentivize fathers to take parental leave - was successful in more than doubling the proportion of fathers taking some parental leave. However, the impact on the intensive margin was limited: in 80% of households, mothers take all the leave that is available to both parents. I also use an administrative dataset to analyze the relationship between parental leave decisions and income. In general, households with higher labor income take more parental leave overall (summing the mother's and the father's weeks). However, fathers with higher labor income take less parental leave.
Book Synopsis Essays on Household Economics by : Abdelrahmen El Lahga
Download or read book Essays on Household Economics written by Abdelrahmen El Lahga and published by . This book was released on 2008 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis presents four self-contained essays on household economics. The first essay tests whether children of certain age groups should be treated as decision makers within the household, applying an existing testing methodology developed for determining the number of adult decision makers in the context of a collective household model. The second essay compares two types of matrix rank based tests for the number of household decision makers - using conditional and using unconditional demand functions. The analysis shows robust evidence in favour of two decision makers, with the interpretation that husband and wife are separate decision makers.The third essay uses the very general technique of indirect inference to estimate a collective household labour supply model in a new and attractive way, and shows that this technique can be applied very fruitfully here. The last essay analyzes reduced form models of time allocation using panel data models applied to the German Socio-Economic Panel. It exploits variation in marital status of couples over time. Controlling for fixed effects, it finds evidence that marriage increases women specialization in domestic work.
Book Synopsis Essays on Household and Family Economics by : Yang Jiao
Download or read book Essays on Household and Family Economics written by Yang Jiao and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays in the field of household and family economics. Specifically, the research focuses on the optimal taxation and household behavior, gender inequality in the labor market during economics transition, and fertility choices and female labor supply. Chapter 1 explores the welfare implications of an optimal tax-transfer schedule to dual-earner couples. A non-cooperative model is used to examine labor supply decisions of married couples to both individual- and joint-based taxation, and the results suggest that the impact of income taxation on family labor supply is largely dependent on spouses' relative wage income. I also investigate the welfare effect of a governmental imposed re-distributive program on both spouses, the simulation results of moving from individual to joint taxation improves both spouses' well-beings and the welfare gain is higher for couples when income gap between the husband and the wife is larger. Chapter 2 empirically examines the impact of privatization reform on gender wage gap in urban labor market based on a comprehensive nationwide survey, the Chinese Household Income Projects (CHIP). We observe, between 1995 and 2007, the gender wage gap rises, and the progress of privatization increases women productivity. The results of decomposition suggest that the increase in gender discrimination, which is associated with the rapid growth of non-state sector, contributes to widening gender wage gap. Although privatization increase gender segregation in occupational attainments, it is less obvious that segregation can account for the gender wage gap. In Chapter 3, using the 1979 cohort of the National Longitudinal Survey of Youth (NLSY79), we find mothers earn less on average even after controlling for other wage determinants. The wage penalty associated with motherhood is insignificant in the early career, and arises partly due to mothers accumulating less work experience. As a result, late mothers experience stronger (weaker) returns to work experience before (after) their transition to motherhood. The differentials in returns to work experience are robust to controlling for occupational skill requirements and time spent out of employment.
Book Synopsis Economics of the Family by : Martin Browning
Download or read book Economics of the Family written by Martin Browning and published by Cambridge University Press. This book was released on 2014-06-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Book Synopsis Three Essays in Labor Economics by : Shintaro Yamaguchi
Download or read book Three Essays in Labor Economics written by Shintaro Yamaguchi and published by . This book was released on 2006 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on Female Labor Force Participation, Commitment to Work and Intra-household Time Utilization by : Mai Rajeh
Download or read book Three Essays on Female Labor Force Participation, Commitment to Work and Intra-household Time Utilization written by Mai Rajeh and published by . This book was released on 2019 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation focuses on women's labor market outcomes and their utilization of time. Essay 1 analyzes the degree of Saudi married women's commitment to work and the factors that shape their commitment, given that there is a retention problem of mothers in the Saudi labor force. The share of married women in the total Saudi female labor force has been decreasing (from 67.5 percent in 2014 to 63.7 percent in 2016). The essay follows a mixed-method study, utilizing both quantitative and qualitative approaches. The quantitative part of the study is based on data collected in Jeddah City through questionnaires, which resulted in a sample size of 200 married working women. The qualitative part of the study is based on data derived from 10 interviews with working mothers in Jeddah City. Using an ordered logit model, I observed that Saudi working mothers display a relatively high commitment to work. The study findings provide evidence that education, family financial background, husband's education, and father-in-law education, work factors such as low income, lack of productive jobs, discrimination, and lack of childcare services, and social norms and attitudes towards women's work are the major variables associated with married women's work commitment, which if tackled could increase their retention in the labor force. The results provide empirical evidence on the points raised by the Ministry of Labor and Social Development of Saudi Arabia regarding the areas that must be addressed to increase female retention in the workforce.The second essay investigates the determinants of female labor force participation in Egypt. It mainly focuses on the impact of patriarchy and social conservatism in the family setting. It has been noted by many researchers who study labor market outcomes in Egypt that these outcomes are mainly affected by religion and culture. Cultural factors could be a significant factor that negatively affects female labor force participation. Egypt suffers from very low and stagnant female labor force participation compared to other countries in the Middle Eastern and North African (MENA) region, which I point out is due to in addition to patriarchy that is found in many of these countries, Egypt is much more conservative. Using data from Egypt Labor Market Panel Survey (2012) I measured patriarchal culture using an index variable constructed from variables reflecting whether the woman participates in decision making regarding household purchases, their own purchases and health, and their children's health and schooling decisions, while social conservatism was constructed from variables reflecting whether women need to get permission to go outside the home. Using a probit model, I tested the conditional labor supply model and included demand-side factors, in addition to the cultural variables and found that patriarchy and social conservatism are significantly and negatively associated with women's labor force participation in Egypt. The third essay examines the factors associated with Mongolian men and women time use. Mongolia transitioned from a centrally planned economy to a market-based economy, that increased poverty throughout the country. Despite the low income of the households, female labor force participation was declining in Mongolia. Researchers noted that the heavy burden on women in household and care work has affected their ability to be involved in employment work. This is further exaggerated by the poor economic conditions of the families that prevent them from substituting home-produced goods that heavily depends on their labor. Further, the lack of basic infrastructure lengthens the time women spend in household and care work. Further, labor market participation and the use of time differ based on the region. Thus, this essay examines the relationship between participation and time spent in employment work with household and care work based on Mongolian Time Use data for 2011 for rural and urban subsamples. The study finds that women in Mongolia spend as much as double the time that men spend on housework and care activities. The study also finds that men and women participate in and spend the same amount of time in employment work in rural areas. However, participation in and time performed in employment work are statistically different between men and women in urban areas. Thus, the study focus on urban areas. Using a Probit model to examine the probability of participating in employment work, I observed that higher wealth is associated with a higher probability of women to participate in employment work. Further, using a Tobit model to examine the determinants of time in employment work, I observed that care responsibilities are not significantly associated with women's time in employment work. However, the household work burden is significantly related with women's ability to perform more employment work. The main conclusion of this essay is that improved infrastructure is associated with more time to be devoted by women on employment work. This suggests that access to adequate infrastructure is associated with a reduction in the time spent on household work, which in turn, is associated with an increase in the time spent in employment work. Further, improved economic conditions that increase the ability of households to obtain market substitutes for home-produced goods and services and purchase time-saving appliances reduces time spent in household work, which in turn is associated with an increase in women's ability to perform more employment work.
Book Synopsis Essays on the Economics of Human Capital by : Wei-Cheng Chen (Economist)
Download or read book Essays on the Economics of Human Capital written by Wei-Cheng Chen (Economist) and published by . This book was released on 2014 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1. "Growth in a Patrilocal Economy: Female Schooling, Household Savings, and China's One-Child Policy," joint with Ting-Wei Lai. In this chapter, we answer the following question: What are the economic consequences of China's One-Child policy? We develop a model of parental education decision to analyze how a population control policy affects saving and schooling in a patrilocal society, where sons are responsible to support parents, but daughters are not. Parent's investment on education depends on the degree of parental altruism and the need for old-age security. A tighter population control policy increases parental altruism and the rate of return on schooling, and shortens gender gap in education. There is also a dynamic incentive for daughter's education, since lower fertility promotes female labor market participation, and increases the value of female education. We then calibrate our model to the Chinese economy and show the extent to which the "One-Child" policy explains the rapid growth of household saving and female schooling. Chapter 2. "Limiting Applications in College Admissions and Evidence from Conflicting Examinations," joint with Yi-Cheng Kao. One of the most distinctive trends in global education over the past few decades is the rapid expansion of higher education. Moreover, since 2000, East Asia has had the fastest growth and the largest share of student enrollment in higher education. However, one might suspect that the overall quality of education has not improved as well. In this paper, my coauthor and I explore the micro-aspect of education as a joint product between a school and a student in order to understand how the quality of education evolves. In particular, for many Asian countries, entrance examination is the primary screening device for college admissions. We present a college admissions problem in which schools may gain from limiting students' application portfolios, and derive conditions under which a lower ranked school can attract better students by applying such strategy We argue that top schools in Taiwan have strategically used the date of entrance examination to limiting students' application, and nd supporting empirical evidence. The empirical results suggest that departments with prestige close to the top could improve their students' quality by setting the same examination dates as the best school. These findings are consistent with the predictions of our theory. Chapter 3. "Calming the Crazed or Fueling the Flames: A Noisy Screening Model of Lending Standards and Credit Cycle." This chapter discusses the difficulty of funding ideas. Why is credit pro-cyclical? More importantly, why does a credit boom-bust cycle happen? These empirical facts seem to contradict the theory of intertemporal consumption smoothing, and suggest that financial intermediaries play an important role. In this paper, I present a statistical model of bank lending standards, and analyze the conditions under which a credit boom-bust emerges. In this model, a bank needs to screen borrowers who hold private information. For each loan application, the bank receives a noisy signal about the quality of the project. A bank's funding policy is a decision rule conditional on the signal received. Because borrowers face application costs, their decision to participate is affected by the bank's funding policy. I show that the bank's optimal funding policy can be summarized by a lending standard, defined as the significance level of the bank's screening test while reviewing loan applications, which is to say, the probability a bad project will be funded. While bank lending standard is countercyclical, whether it stabilizes or amplifies shocks on fundamentals depends on borrowers' participation decisions. In particular, credit booms happen when banks lower lending standards to attract low-quality borrowers, and busts happen when banks tighten standards to exclude them. I also show that credit booms are likely to be triggered by TFP gains or cheaper capital, consistent with empirical findings.
Book Synopsis American Doctoral Dissertations by :
Download or read book American Doctoral Dissertations written by and published by . This book was released on 2002 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dissertation Abstracts International by :
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2009 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of the Economics of Finance by : G. Constantinides
Download or read book Handbook of the Economics of Finance written by G. Constantinides and published by Elsevier. This book was released on 2003-11-04 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arbitrage, State Prices and Portfolio Theory / Philip h. Dybvig and Stephen a. Ross / - Intertemporal Asset Pricing Theory / Darrell Duffle / - Tests of Multifactor Pricing Models, Volatility Bounds and Portfolio Performance / Wayne E. Ferson / - Consumption-Based Asset Pricing / John y Campbell / - The Equity Premium in Retrospect / Rainish Mehra and Edward c. Prescott / - Anomalies and Market Efficiency / William Schwert / - Are Financial Assets Priced Locally or Globally? / G. Andrew Karolyi and Rene M. Stuli / - Microstructure and Asset Pricing / David Easley and Maureen O'hara / - A Survey of Behavioral Finance / Nicholas Barberis and Richard Thaler / - Derivatives / Robert E. Whaley / - Fixed-Income Pricing / Qiang Dai and Kenneth J. Singleton.
Book Synopsis The World Bank Research Observer by :
Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of the Economics of Population Aging by : John Piggott
Download or read book Handbook of the Economics of Population Aging written by John Piggott and published by Elsevier. This book was released on 2016-11-21 with total page 1146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of the Economics of Population Aging synthesizes the economic literature on aging and the subjects associated with it, including social insurance and healthcare costs, both of which are of interest to policymakers and academics. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s, including information from general economics journals, from various field journals in economics, especially, but not exclusively, those covering labor markets and human resource issues, from interdisciplinary social science and life science journals, and from papers by economists published in journals associated with gerontology, history, sociology, political science, and demography, amongst others. Dissolves the barriers between policymakers and scholars by presenting comprehensive portraits of social and theoretical issues Synthesizes valuable data on the topic from a variety of journals dating back to the late 1970s in a convenient, comprehensive resource Presents diverse perspectives on subjects that can be closely associated with national and regional concerns Offers comprehensive, critical reviews and expositions of the essential aspects of the economics of population aging
