Journal of the Economics of Ageing最新文献

Regional institutional quality and territorial equity in LTC provision LTC提供中的区域制度质量和地区公平

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100477

Anna Marenzi , Dino Rizzi , Michele Zanette , Francesca Zantomio

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引用次数: 0

Mortality differentials, the racial and ethnic retirement wealth gap, and the COVID-19 Pandemic 死亡率差异、种族和民族退休财富差距以及新冠肺炎大流行

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100478

Edward N. Wolff

{"title":"Mortality differentials, the racial and ethnic retirement wealth gap, and the COVID-19 Pandemic","authors":"Edward N. Wolff","doi":"10.1016/j.jeoa.2023.100478","DOIUrl":"https://doi.org/10.1016/j.jeoa.2023.100478","url":null,"abstract":"<div><p>Using the Survey of Consumer Finances<span>, I find that the Black/white gap in standard net worth widened from 1989 to 2019 but narrowed between Hispanics and (non-Hispanic) whites. When the definition of wealth is expanded to incorporate Social Security and defined benefit pension wealth (both the discounted sum of future benefits) to create augmented wealth, the wealth gap is sharply reduced, especially for median wealth. The Black/white and Hispanic/white disparity in Social Security wealth lessened considerably over 1989–2019. In contrast, the Black/white ratio of mean augmented wealth showed no change, though the ratio of median augmented wealth progressed. The Hispanic/white ratio of both mean and median augmented wealth advanced as well. The COVID-19 Pandemic struck in 2020 and hit the minority community much harder than whites in terms of mortality rates. Besides claiming over a million lives overall, it lopped off 4.7 percent of Social Security wealth among whites, 11.5 percent among Blacks, and 13.1 percent among Hispanics. As a result, while mean augmented wealth dipped only 1.2 percent among whites, it fell 6.7 percent among Black households and 7.3 percent among Hispanics. The effect was even stronger on median values – declines of a 2.6, 9.3 and 12.1 percent, respectively.</span></p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"26 ","pages":"Article 100478"},"PeriodicalIF":2.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50192298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The impact of famine experience on middle-aged and elderly individuals’ food consumption: Evidence from China 饥荒经历对中老年人食物消费的影响——来自中国的证据

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100472

Feifan Fang , Yinyu Zhao , Zemiao Xi , Xinru Han , Yuchun Zhu

{"title":"The impact of famine experience on middle-aged and elderly individuals’ food consumption: Evidence from China","authors":"Feifan Fang , Yinyu Zhao , Zemiao Xi , Xinru Han , Yuchun Zhu","doi":"10.1016/j.jeoa.2023.100472","DOIUrl":"https://doi.org/10.1016/j.jeoa.2023.100472","url":null,"abstract":"<div><p>People’s behaviors are influenced by past experiences. Against the background of the famine that occurred in China from 1959 to 1961 and based on China Health and Nutrition Survey (CHNS) data from 2004 to 2011, we take advantage of both temporal and geographic variations in famine intensity to explore the long-term effects of famine experience on food consumption and examine the heterogeneous effecs across age cohorts by constructing a continuous difference-in-differences (DID) estimator. We find that famine experience affects people’s food consumption behavior in the long term. Compared with the group that did not experience the famine, the consumption of staple foods increased while the consumption of meat and vegetables decreased for the group with famine experience, and this effect was heterogeneous across age cohorts and was most significant for the group that experienced famine in their 30 s. The effect of famine experience on food consumption was significantly heterogeneous across regions, household sizes, and income groups. The findings of this paper contribute to a better understanding of the long-term effects of famine experience on food consumption and provide a basis for improving the dietary quality of older adults.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"26 ","pages":"Article 100472"},"PeriodicalIF":2.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50192295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does human capital compensate for population decline? 人力资本能补偿人口减少吗？

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100469

M. Siskova , M. Kuhn , K. Prettner , A. Prskawetz

引用次数: 1

Spending trajectories after age 65 variation by initial wealth 65岁后按初始财富变化的支出轨迹

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100468

Michael D. Hurd, Susann Rohwedder

{"title":"Spending trajectories after age 65 variation by initial wealth","authors":"Michael D. Hurd, Susann Rohwedder","doi":"10.1016/j.jeoa.2023.100468","DOIUrl":"https://doi.org/10.1016/j.jeoa.2023.100468","url":null,"abstract":"<div><p>There has been extensive research on the importance of saving for retirement and on tools to support the accumulation of retirement wealth. Much less attention has been paid to the decumulation phase, that is, the spending down of wealth following retirement. Understanding the decumulation phase requires information about the spending patterns of older households and how those patterns evolve with age. This study uses comprehensive longitudinal data on total household spending from a survey that is representative of the older U.S. population to estimate the trajectories of spending after age 65. Based on data spanning the period 2005–2019, real spending declined for both single and coupled households after age 65 at annual rates of about 1.7 percent and 2.4 percent, respectively. Stratification by wealth holdings observed at or closely following age 65 showed sizeable variation in spending levels by wealth quartile, but little variation in rates of change in spending. The fact that spending declines broadly, including among those in the highest wealth quartile, suggests that the decline may not be related to economic position. This view is supported by an analysis of budget shares which show increases with age in the budget share for gifts and donations which suggests that economic position on average does not deteriorate with age, even as spending declines.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"26 ","pages":"Article 100468"},"PeriodicalIF":2.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50192309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Instrumental variable estimates of the burden of parental caregiving 父母照料负担的工具变量估计

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100467

Peter Eibich

引用次数: 0

The displacement effect of compulsory pension savings on private savings. Evidence from the Netherlands, using pension funds supervisory data 强制性养老金储蓄对私人储蓄的替代效应。荷兰使用养老基金监管数据提供的证据

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100473

Mauro Mastrogiacomo , Rik Dillingh , Yue Li

{"title":"The displacement effect of compulsory pension savings on private savings. Evidence from the Netherlands, using pension funds supervisory data","authors":"Mauro Mastrogiacomo , Rik Dillingh , Yue Li","doi":"10.1016/j.jeoa.2023.100473","DOIUrl":"10.1016/j.jeoa.2023.100473","url":null,"abstract":"<div><p><span>We show heterogenous displacement effects of mandatory occupational pension savings on private household </span>wealth for different groups. Richer households in particular show larger displacements. This contributes to explaining why empirical studies often come with different estimates of this effect. We study the case of the Netherlands, where wage employed and self-employed workers are differently exposed to compulsory pension savings, and the institutional setting provides exogenous variation in pension wealth that can be used as instrument in the analysis. We use rich administrative data on (pension) wealth and income combined for the first time to supervisory data of pension funds. Our results show a displacement effect of −37% for wage employed and of −61% to −77% for self-employed people. The higher displacement effect we find for the self-employed might be explained by the fact that self-employed workers are arguably more aware of their pension accrual, or lack thereof, because there is no employer who organizes and (partly) pays this for them.</p></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"26 ","pages":"Article 100473"},"PeriodicalIF":2.2,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44382836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The replacement rate that maintains income satisfaction through retirement: The question of income-dependence 通过退休维持收入满意度的替代率：收入依赖性问题

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100471

Julian Schmied

引用次数: 0

Healthy ageing trends in England between 2002 to 2018: Improving but slowing and unequal 2002年至2018年英格兰健康老龄化趋势:改善但放缓且不平等

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100470

Jonathan Old , Andrew Scott

引用次数: 0

Assistance benefits and unemployment outflows of the elderly unemployed: The impact of a law change 老年失业人员的援助福利与失业外流:法律变更的影响

IF 2.2 3区经济学

Journal of the Economics of Ageing Pub Date : 2023-10-01 DOI: 10.1016/j.jeoa.2023.100466

José M. Arranz, Carlos García-Serrano

引用次数: 0