Demographic Change and Fiscal Policy
As public expenditures on health, education and transfer programmes increase, demographic change has a growing impact on public expenditures, and the incentives for behaviour created by public transfer programs increase as well. The essays in this volume discuss such topics as: demographic change and the outlook for Social Security and Medicare in the United States; long-term decision making under uncertainty; the effect of changing family structure on government spending; how the structure of public retirement policies has encouraged early retirement in some countries and not others; the response of local community spending to demographic change; and related topics. Contributors include many of the world's leading public finance economists and economic demographers.
- Covers major theoretical and applied thrusts of emerging, hot fields of economic demography, demography and finance
- Contributors include world's experts on the subject, primarily from the United States but also from Europe
- Coeditors themselves are the world's leading experts on the subject
Reviews & endorsements
"I recommend this book to anyone interested in social insurance programs or fiscal policy. The papers cover a wide spectrum and address important contemporary issues." Eastern Economic Journal
Product details
February 2001Hardback
9780521662444
466 pages
229 × 152 × 30 mm
0.85kg
67 b/w illus. 82 tables
Available
Table of Contents
- 1. Introduction
- 2. Population forecasting for fiscal planning: issues and innovations Ronald Lee and Shripad Tuljapurkar
- Comment Daniel McFadden
- Comment James Smith
- 3. Uncertainty and the design of long-run fiscal policy Alan J. Auerbach and Kevin Hassett
- Comment Peter Diamond
- Comment Shripad Tuljapurkar
- 4. How does a community's demographic composition alter its fiscal burdens? Thomas MaCurdy and Thomas Nechyba
- Comment Hilary Hoynes
- Comment Robert Willis
- 5. Social security, retirement incentives, and retirement behavior: an international perspective Jonathan Gruber and David Wise
- Comment Axel Borsh-Supan
- Comment Massimo Livi Bacci
- 6. Aging, fiscal policy and social insurances: a European perspective Bernd Raffelhüschen
- Comment David Weil
- Comment David Weir
- 7. Demographics and medical care spending: standard and non-standard effects David M. Cutler and Louise Sheiner
- Comment Victor Fuchs
- 8. Projecting Social Security's finances and its treatment of postwar Americans Steven Caldwell, Alla Gantman, Jagadeesh Gokhale, Thomas Johnson and Laurence J. Kotlikoff
- Comment Nada Eissa
- 9. Demographic change and public assistance expenditures Robert A. Moffitt
- Comment David Card
- Comment S. Philip Morgan.