January 2021

Technology, Labour Market Institutions and Early Retirement: Evidence from Finland

By Naomitsu Yashiro, Tomi Kyyrä, Hyunjeong Hwang, Juha Tuomala There are two major barriers to increasing employment of older workers. First, older workers engaged in codifiable, routine tasks are particularly prone to the risk of being displaced by computers and robots. Second, several countries have in place various labour market institutions that encourage early retirement, such as exceptional entitlements or looser criteria for unemployment and disability benefits applied to older individuals. We present evidence that these two factors reinforce...

December 2020

Understanding Debt in the Older Population

By Annamaria Lusardi, Olivia S. Mitchell, Noemi Oggero Poor financial capability can erode well-being in later life. To explore debt and debt management among older Americans, age 51-61, we designed and analyzed a new module in the 2018 Health and Retirement Study along with information from the 2018 National Financial Capability Study. Even though this group should be at the peak of their retirement savings, it nevertheless carries debt due to student loans and unpaid medical bills; having children...

Perspectives and Theories of Social Innovation for Ageing Population

By Andrzej Klimczuk, Łukasz Tomczyk In recent years we may observe increasing interest in the development of social innovation both regarding theory as well as the practice of responding to social problems and challenges. One of the crucial challenges at the beginning of the 21st century is population ageing. Various new and innovative initiatives, programs, schemes, and projects to respond to negative consequences of this demographic process are emerging around the world. However, social theories related to ageing are...

Depopulation, Aging, and Living Environments: Learning from Social Capital and Mountainous Areas in Japan (Advances in Geographical and Environmental Sciences)

By Kenji Tsutsumi This book provides perspectives on depopulated areas and regional social capital from positivistic field surveys. Among the developed countries of the world, Japan has a very small amount of national land, with almost 70% of it being in mountainous locations. Concentration of populations and economic capital into large metropolitan areas along with many depopulated and population-aged regions in the mountainous parts can be seen in the country. A very clear regional disparity has arisen in Japan, especially...

Population Change and Public Policy

By Billystrom Jivetti, Md. Nazrul Hoque This book provides a solid empirical portrait based on the complexities of demographic components of population change. It describes recent innovations, trends, challenges and solutions to population change and public policy issues, such as but not limited to immigration, gender discrimination in the labor market, student housing, teen pregnancy programs, smoking and alcohol consumption, and environment and self-rated health. As such it provides an interesting platform for academics, researchers, policy makers, and...

The Age Profile of Life-Satisfaction after Age 65 in the U.S

By Péter Hudomiet, Susann Rohwedder Although income and wealth are frequently used as indicators of well-being, they are increasingly augmented with subjective measures such as life satisfaction to capture broader dimensions of individuals’ well-being. Based on data from large surveys of individuals, life satisfaction in cross-section increases with age beyond retirement into advanced old age. It may seem puzzling that average life satisfaction would be higher at older ages because older individuals are more likely to experience chronic or...

Intergenerational Mobility of Health in India and Its Implications to Elderly Care

By E. Sownthara Rajan To understand the effect of education of children as an intervention to improve elderly health and suggest the sector of elderly who needs state support. This finding will help in locating a sector of elderly where the targeted geriatric care and elderly support can be provided. There is a prevalent conversation in academic literature about growing elderly population around the world which is estimated will be 22 per cent of the world population by 2050...

November 2020

Ageing and Digital Technology: Designing and Evaluating Emerging Technologies for Older Adults

By Barbara Barbosa Neves, Frank Vetere This book brings together Sociologists, Computer Scientists, Applied Scientists and Engineers to explore the design, implementation and evaluation of emerging technologies for older people. It offers an innovative and comprehensive overview, not only of the rapidly developing suite of current digital technologies and platforms, but also of perennial theoretical, methodological and ethical issues. As such, it offers support for researchers and professionals who are seeking to understand and/or promote technology use among...

The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival

By Charles Goodhart, Manoj Pradhan This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality. “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing...

Social Insurance, Demographics, and Rural-Urban Migration in China

By Neha Bairoliya, Ray Miller We develop a dynamic general equilibrium model to analyze the impact of social insurance policy and demographic changes on rural-urban migration in China. Quantitative analyses indicate that different social insurance programs not only have differential effects on net migration flows but also on the age and income distribution of migrants. Enrolling migrants in urban pensions discourages rural-urban migration at young ages and reverse migration in old-age. In contrast, urban health insurance incentivizes rural-urban migration...