Journal of the Economics of Ageing最新文献

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When wealth hurts: Inheritances and the health of older Europeans 财富伤害:遗产和欧洲老年人的健康
IF 1.9 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-06-17 DOI: 10.1016/j.jeoa.2025.100591
Ignacio Belloc , José Alberto Molina , Jorge Velilla
{"title":"When wealth hurts: Inheritances and the health of older Europeans","authors":"Ignacio Belloc ,&nbsp;José Alberto Molina ,&nbsp;Jorge Velilla","doi":"10.1016/j.jeoa.2025.100591","DOIUrl":"10.1016/j.jeoa.2025.100591","url":null,"abstract":"<div><div>We study the impact of inheritances on physical and mental health outcomes, using a longitudinal, cross-country dataset covering 16 European countries over 2004–2017. The results show that the receipt of an inheritance is negatively associated with BMI and being obese among women. We also find evidence of an increase in the probability of experiencing depressive symptoms among women following an inheritance. When we account for individual heterogeneity, we find that the receipt of an inheritance increases the probability of being depressed by 2.3 percentage points among women. This finding is driven by unexpected inheritances and female heirs who are less educated, unmarried, unemployed, and living in Southern European countries. In addition, the receipt of an inheritance increases the probability of women engaging in vigorous and moderate physical activities by 2.6 and 2 percentage points, respectively.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100591"},"PeriodicalIF":1.9,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144314644","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
Demographic change, firm costs, and digital transformation 人口变化、企业成本和数字化转型
IF 1.9 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-06-22 DOI: 10.1016/j.jeoa.2025.100592
Gang Qiao , Ruipeng Tan
{"title":"Demographic change, firm costs, and digital transformation","authors":"Gang Qiao ,&nbsp;Ruipeng Tan","doi":"10.1016/j.jeoa.2025.100592","DOIUrl":"10.1016/j.jeoa.2025.100592","url":null,"abstract":"<div><div>We investigate the impact of aging on enterprise digital transformation in China. We find that aging significantly inhibits the digitalization level of enterprises. Mechanism analysis shows that aging is unfavorable to the digital transformation of enterprises by raising their labor costs, such as reducing the skilled labor supply, increasing wages and the relative prices of skills, and raising job training expenditure. Heterogeneity analysis shows that the negative impact of aging is more significant for firms facing stronger financing constraints, non-SOE firms, smaller scale firms, labor-intensive firms, and in the manufacturing and high-tech industries.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100592"},"PeriodicalIF":1.9,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144470715","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
Understanding social norms for women toward the elderly: Evidence from Japan 理解女性对待老年人的社会规范:来自日本的证据
IF 2 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-10-28 DOI: 10.1016/j.jeoa.2025.100603
Hiroyuki Motegi
{"title":"Understanding social norms for women toward the elderly: Evidence from Japan","authors":"Hiroyuki Motegi","doi":"10.1016/j.jeoa.2025.100603","DOIUrl":"10.1016/j.jeoa.2025.100603","url":null,"abstract":"<div><div>This study examines social norms held by Japanese women regarding the elderly. Specifically, I conduct a regression analysis of attitudes toward social norms such as “Older parents should live with their children,” “Family members should care their elderly parents,” and “Financial support for the elderly should be provided by families rather than public institutions” in order to understand individual characteristics associated with holding these norms. I find the following: For example, more educated individuals have more progressive attitudes toward coresidence and informal care, but different attitudes toward financial support. Non-regular employees have the most progressive norms regarding the elderly among all employment statuses. Norms about the elderly are highly related to norms about gender and the division of gender roles. In addition, although family circumstances—such as parental education level and the status of one’s siblings—may influence an individual’s attitudes toward norms regarding the elderly, these attitudes are more likely to be shaped by the individual’s later life experiences, particularly their educational attainment and employment status.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100603"},"PeriodicalIF":2.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145473840","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 macroeconomic impact of chronic disease in the United Kingdom 英国慢性病的宏观经济影响
IF 1.9 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-06-30 DOI: 10.1016/j.jeoa.2025.100590
Yannick Schindler , Andrew J. Scott
{"title":"The macroeconomic impact of chronic disease in the United Kingdom","authors":"Yannick Schindler ,&nbsp;Andrew J. Scott","doi":"10.1016/j.jeoa.2025.100590","DOIUrl":"10.1016/j.jeoa.2025.100590","url":null,"abstract":"<div><div>This paper examines the macroeconomic impact of chronic disease in the United Kingdom (UK). We use individual-level data to estimate how diagnoses of six major diseases affect labor market transitions and combine these with a tractable growth model with age-specific productivity and labor force participation to quantify the impact of chronic disease on UK economic growth. Using a novel machine learning approach to classify National Health Service (NHS) cost data, we also provide new estimates of disease-specific treatment costs. Our findings indicate that a 20% reduction in disease incidence would increase annual GDP by 0.99% after five years and 1.51% after ten years. Most of the gains are due to increased participation in the labor force, especially among workers aged 50 to 65 years. Reductions in mental health conditions and musculoskeletal conditions contribute the most to these effects. Our analysis points to three important features of preventative health policies: (1) the potential welfare gains are substantial and manifest themselves in terms of both improved population health and increased output growth, (2) only around 40% of long-term effects appear after five years, and (3) the 50–65 age group experiences the largest labor force participation gains. This last feature is due to two factors: improved health at those ages prevents transitions into health-related inactivity and a larger share of workers reaches this age band as a result of reduced transitions into inactivity at earlier ages. This compounding effect underscores the importance of targeting prevention efforts at earlier ages.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100590"},"PeriodicalIF":1.9,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144670667","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
Long-run patterns in the spousal correlation of lifespan 配偶寿命相关性的长期模式
IF 1.9 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-06-19 DOI: 10.1016/j.jeoa.2025.100588
Jacob Hutchings , Adriana Lleras-Muney , Joshua Nicholls , Joseph Price , Sven E Wilson
{"title":"Long-run patterns in the spousal correlation of lifespan","authors":"Jacob Hutchings ,&nbsp;Adriana Lleras-Muney ,&nbsp;Joshua Nicholls ,&nbsp;Joseph Price ,&nbsp;Sven E Wilson","doi":"10.1016/j.jeoa.2025.100588","DOIUrl":"10.1016/j.jeoa.2025.100588","url":null,"abstract":"<div><div>Abundant research has demonstrated that substantial spousal concordance in health exists across multiple measures and populations and that the magnitude of this association is similar to spousal correlations in education and socioeconomic status. This strong spousal concordance in health results from both sorting in the marriage market and from behavioral and environmental risk factors shared by the couple. In this paper we test the hypothesis that the spousal correlation in lifespan–a summary measure of health–is similarly concordant. We create a new data set to investigate this hypothesis. We link about 15 million couples drawn from the US censuses of 1880–1940 to genealogical data available in family trees to obtain lifespan information for spouses. We document spousal correlations across time and compare spousal correlations in lifespan to opposite-gender sibling correlations in lifespan using a sample of 26 million opposite-gender sibling pairs. Surprisingly, and in contrast to what other health measures show, we find that the spousal lifespan correlation (0.063) is relatively small, though only a little smaller than the sibling correlation (0.076), which captures both genetic and early life environmental risk factors. However, we also find that the spousal correlation roughly doubles in size across cohorts (from around 0.05 for the 1880 birth cohort to 0.10 for the 1920 birth cohort). The fact that the spousal and sibling correlation track each other closely across cohorts suggests a growing importance of local risk factors that are shared by both spouses and siblings in determining lifespan, an interpretation that is also consistent with our other findings which suggest that the duration of marriage also increases spousal correlations. For the last decade, however, the growth in spousal correlation outpaces that of siblings, suggesting either increased assortative mating or an increase in the relative importance of couple-specific risk factors.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100588"},"PeriodicalIF":1.9,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144366312","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 macroeconomic conditions on long-term care: Evidence on prices 宏观经济条件对长期护理的影响:价格证据
IF 2 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-10-17 DOI: 10.1016/j.jeoa.2025.100600
Johannes Geyer , Peter Haan , Mia Teschner
{"title":"The impact of macroeconomic conditions on long-term care: Evidence on prices","authors":"Johannes Geyer ,&nbsp;Peter Haan ,&nbsp;Mia Teschner","doi":"10.1016/j.jeoa.2025.100600","DOIUrl":"10.1016/j.jeoa.2025.100600","url":null,"abstract":"<div><div>The price of institutional long-term care is a key determinant of the demand for both formal and informal long-term care. In this paper, we examine how the regional unemployment rate as a proxy for macroeconomic conditions influences these prices. Our analysis draws on administrative data that provide detailed information on all nursing homes and ambulatory care services, as well as all recipients of long-term care benefits in Germany. For identification, we exploit variation in macroeconomic conditions—measured by district-level unemployment rates over time—using a panel data approach with facility and time fixed effects.</div><div>Our empirical findings indicate that higher unemployment rates lead to increased prices for permanent long-term care, including accommodation and meal costs in nursing homes. We provide evidence for the mechanisms underlying these price effects. While we find no significant impact of macroeconomic conditions on employment, working hours, or quality of care in nursing homes, our results suggest that higher unemployment rates raise nursing home prices through changes in the composition of patients. Specifically, economic downturns trigger a shift from recipients with lower levels of impairment to those requiring more labor-intensive care. Additionally, we observe a substitution effect, whereby low-impairment patients increasingly opt for ambulatory and informal home care instead of institutional care.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100600"},"PeriodicalIF":2.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145361064","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
Comparing age-happiness relationships between Japan and Europe 比较日本和欧洲的年龄-幸福关系
IF 2 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-11-02 DOI: 10.1016/j.jeoa.2025.100606
Takashi Oshio , Satoshi Shimizutani
{"title":"Comparing age-happiness relationships between Japan and Europe","authors":"Takashi Oshio ,&nbsp;Satoshi Shimizutani","doi":"10.1016/j.jeoa.2025.100606","DOIUrl":"10.1016/j.jeoa.2025.100606","url":null,"abstract":"<div><div>Numerous studies have examined the existence of the “well-being paradox,” according to which subjective well-being is stable or even improves in later life despite worsening health and social losses. However, no consensus has been reached regarding the factors that account for this paradox. We used repeated cross-sectional survey data from Japan and three European countries (France, Germany, and the United Kingdom) over two decades to compare happiness trajectories over age and factors affecting happiness across the four countries. When we used unadjusted data, we observed U-shaped age-happiness curves in Japan and S-shaped curves in Europe. When we controlled for four intervening variables (marital status, income, job status, and health), we saw that age-related challenges in those areas generally inhibited what would otherwise be a more substantial rise in happiness in later life for the three European countries. Each intervening variable’s role differed substantially across countries and sexes. Notably, a change in job status from working to retirement decreased happiness more substantially in Europe than in Japan, and this is not the case for Japanese females.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100606"},"PeriodicalIF":2.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145473839","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
Japan at the forefront of the economics of aging? A bibliometric analysis 日本走在老龄化经济学的前沿?文献计量学分析
IF 2 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-11-01 DOI: 10.1016/j.jeoa.2025.100601
Sébastien Lechevalier , Brieuc Monfort
{"title":"Japan at the forefront of the economics of aging? A bibliometric analysis","authors":"Sébastien Lechevalier ,&nbsp;Brieuc Monfort","doi":"10.1016/j.jeoa.2025.100601","DOIUrl":"10.1016/j.jeoa.2025.100601","url":null,"abstract":"<div><div>This paper analyzes how economists have considered the question of aging over the last fifty years. The major originality of this paper is to conduct a bibliometric analysis of the economics of aging literature, based on the textual analysis of three different and complementary corpora, while existing studies only concern subfields. It shows that the definition of the economics of aging is less straightforward than expected and introduces some identification criteria to get quantitative results on the growth of the literature, its geography, and its research agenda. One claim of the paper is that aging has emerged as a distinct topic that spans different fields, from population to labor economics, and has strong connections with health economics, macroeconomics, and public economics. Topics of interest have evolved over time with notably a major growth for health issues, while pensions issues have been at the center of the investigation for several decades. In addition, we show that the geography of the economics of aging does not correspond to the geography of aging, with Japan somewhat underrepresented in the literature. Lastly, we draw some lessons from this neglect in the dominant research agenda on the economics of aging and suggest directions for future research that would give to Japan more space in comparative studies, given its position at the forefront of aging.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100601"},"PeriodicalIF":2.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145624123","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
Macroeconomic and fiscal implications of changes in the labor share under population aging in Japan 日本人口老龄化背景下劳动收入占比变化的宏观经济和财政影响
IF 2 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-11-28 DOI: 10.1016/j.jeoa.2025.100608
Tomoaki Yamada
{"title":"Macroeconomic and fiscal implications of changes in the labor share under population aging in Japan","authors":"Tomoaki Yamada","doi":"10.1016/j.jeoa.2025.100608","DOIUrl":"10.1016/j.jeoa.2025.100608","url":null,"abstract":"<div><div>This study examines how declining labor share affects macroeconomic outcomes and fiscal sustainability in Japan—the country with the most advanced population aging globally. While previous research has documented the global trend of declining labor share, its implications for fiscal policy in aging societies remain underexplored. Using a life-cycle general equilibrium model in the Auerbach–Kotlikoff tradition, we calibrate parameters to match Japan’s economic and demographic characteristics, incorporating country-specific institutions such as public pension, health insurance, and long-term care systems. Our analysis reveals that when capital share increases by 3 percentage points between 2025–2060, it generates fiscal relief equivalent to approximately 3 percentage points in consumption tax by 2070 through enhanced capital accumulation. More significantly, this declining labor share amplifies the efficacy of pension reforms, potentially yielding savings equivalent to over 12 percentage points in consumption tax. Our findings suggest that declining labor share, when coupled with appropriate policy reforms, may benefit fiscal sustainability in rapidly aging societies with high public debt.</div></div>","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100608"},"PeriodicalIF":2.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145690245","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
Introduction to this Special Issue: The Economics of Ageing 本期特刊简介:老龄化经济学
IF 1.9 3区 经济学
Journal of the Economics of Ageing Pub Date : 2025-12-01 Epub Date: 2025-06-11 DOI: 10.1016/j.jeoa.2025.100579
David E. Bloom , Andrew J. Scott
{"title":"Introduction to this Special Issue: The Economics of Ageing","authors":"David E. Bloom ,&nbsp;Andrew J. Scott","doi":"10.1016/j.jeoa.2025.100579","DOIUrl":"10.1016/j.jeoa.2025.100579","url":null,"abstract":"","PeriodicalId":45848,"journal":{"name":"Journal of the Economics of Ageing","volume":"32 ","pages":"Article 100579"},"PeriodicalIF":1.9,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144314643","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
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