• Vienna Institute of Demography (Ed.)

Vienna Yearbook of Population Research 2014

Health, Education, and Retirement over the Prolonged Life Cycle

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Introduction - Health, education, and retirement over the prolonged life cycle: a selective survey of recent research (Michael Kuhn, Alexia Prskawetz, Uwe Sunde)

What can reverse causation tell us about demographic differences in the social network and social support determinants of self-rated health in later life? (Heather Booth, Pilar Rioseco, Heather Crawford)

The effect of retirement on self-reported health: a gender comparison in Italy (Lucia Coppola, Daniele Spizzichino)

Real wages and labor supply in a quasi life-cycle framework: a macro compression by Swedish National Transfer Accounts (1985-2003) (Haodong Qi)

Working after age 50 in Spain. Is the trend towards early retirement reversing? (Madelín Goméz-León, Pau Miret-Gamundi)

Retirement and leisure: a longitudinal study using Swedish data (Linda Kridahl)

More with less: the Almost Ideal Pension Systems (AIPS) (Gustavo DeSantis)

How large are the effects of population aging on economic inequality? (Joshua R Goldstein, Ronald D. Lee)

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Vienna Yearbook of Population Research 2014
ISSN 1728-4414
Print Edition
ISSN 1728-5305
Online Edition
ISBN 978-3-7001-7948-1
Print Edition
ISBN 978-3-7001-7924-5
Online Edition



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How large are the effects of population aging on economic inequality?

    Joshua R. Goldstein

Vienna Yearbook of Population Research 2014, pp. 193-209, 2000/02/21

Health, Education, and Retirement over the Prolonged Life Cycle

doi: 10.1553/populationyearbook2014s193


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doi:10.1553/populationyearbook2014s193

Abstract

The attention given to Piketty (2014) has renewed interest in the level and causes of inequality. In this paper, we look at the role that population aging plays in increasing economic inequality. We provide estimates of the magnitudes of the effects on inequality of three different factors related to population aging: capital intensification, changing population age structure, and increasing longevity. Changing age structure is found to have a small effect on aggregate inequality, while capital deepening and longevity-based life cycle savings are shown to be more important. Taken together, our findings suggest that aging has a substantial effect on economic inequality.

Keywords: Health; Education; Retirement; Prolonged Life Cycle; Economic Inequality

Published Online: 2000/02/21 23:00:00

Object Identifier: 0xc1aa5572 0x003fad6b

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