Trends | Theory | Facts | Food | Environment | Aging | Immigration | Urbanization | Family | Women

   

 The Economics of Old Age Support

April 10 and 12, 2007

 


 

Contents:

 Agenda  Sources for Presentations
 Links  General Reading Assignment
 Handouts PowerPoints

 

General Reading Assignment for the entire class:

"Elderly Americans", Christine L. Himes, Population Reference Bureau, Population Bulletin, Vol. 56, No. 4, December, 2001.

 

Back to Contents

 

 


 

Agenda

( To view the sources for a paper, click on the title. )

 

I. OPENING REMARKS

Graphics from the 2005 Social Security Trust Fund Report

The Rate of Return on Equities

 

II. EMPLOYMENT AS OLD-AGE SECURITY

 

"Can the Elderly Support Themselves?"

Keisuke Hosoi

 

III. CHILDREN AS OLD AGE SECURITY

 

"Do Children Provide Old Age Security in the United States?"

John Kruchoski

"Do Children Provide Old-Age Security in the Developing World?"

Faria Rahman

 

IV. GOVERNMENT PROGRAMS AS OLD AGE SECURITY

 

"Should We Privatize America's Social Security System?"

Gautam Mehta

"How Should We Privatize Social Security?"

Clayton Reed

"Has Privatization of Social Security Worked in Latin America?"

Jeffrey Olson

 

IV. SUMMARY AND CONCLUSIONS

Back to Contents


 

Sources for Presentations:

 

II. II. EMPLOYMENT AS OLD-AGE SECURITY

 

"Can the Elderly Support Themselves?"

 

Koeber, Charles; Wright, David W. (2001), "W/age Bias in Worker Displacement: How Industrial Structure Shapes the Job Loss and Earnings Decline of Older American Workers", Journal of Socio-Economics v30, n4 (2001): 343-352. (Electronic Reserve)

Watanabe, Susumu (2000), "The Japan Model and the Future of Employment and Wage Systems", International Labour Review v139, n3 (2000): 307-333. (Electronic Reserve)

Cameron, Lisa A.; Cobb-Clark, Deborah A. (2002), "Old-Age Labour Supply in the Developing World", Applied Economics Letters v9, n10 (August 2002): 649-652. (Electronic Reserve)

Barrientos, Armando (2002), "Old Age, Poverty and Social Investment", Journal of International Development v14, n8 (November 2002): 1133-1141. (Paper Reserve)

Back to Contents

III. CHILDREN AS OLD AGE SECURITY

 

"Do Children Provide Old Age Security in the United States?"

 

Caputo, Richard K. (2002) "Adult Daughters as Parental Caregivers: Rational Actors versus Rational Agents", Journal of Family and Economic Issues v23, n1 (Spring 2002): 27-50. (Paper Reserve)

Mellor, Jennifer M. (2001), "Long-Term Care and Nursing Home Coverage: Are Adult Children Substitutes for Insurance Policies?", Journal of Health Economics v20, n4 (July 2001): 527-547. (Electronic Reserves)

Sloan, Frank A.; Zhang, Harold H.; Wang, Jingshu (2002), "Upstream Intergenerational Transfers", Southern Economic Journal v69, n2 (October 2002): 363-380. (Electronic Reserve)

Rendall, Michael S.; and Raisa A. Bahchieva, "An Old-Age Security Motive for the United States?" in Population and Development Review, Volume 24, Number 2, June 1998, pp. 293-307. (Electronic Reserve)

Back to Contents

 

"Do Children Provide Old Age Security in the Developing World?"

 

Rahman, M. Omar (1999), "Family Matters: The Impact of Kin on the Mortality of the Elderly in Rural Bangladesh", Population Studies v53, n2 (July 1999): 227-235. (Electronic Reserve)

Zimmer, Zachary; Kwong, Julia (2003), "Family Size and Support of Older Adults in Urban and Rural China: Current Effects and Future Implications", Demography v40, n1 (February 2003): 23-44. (Electronic Reserve)

Lillard, Lee A. and Robert J. Willis, "Motives for Intergenerational Transfers: Evidence from Malaysia" in Demography, Vol. 34, No. 1, February 1997, pp. 115-134.. (Electronic Reserve)

 

Back to Contents

 

III. GOVERNMENT PROGRAMS AS OLD AGE SECURITY

 

"Should We Privatize America's Social Security System?"

Burtless, Gary (1997), "Social Security's Long-Term Budget Outlook", National Tax Journal v50, n3 (September 1997): 399-412. (Electronic Reserve)

Economic Report of the President (2002), "Economic Report of the President: Strengthening Retirement Security", Population and Development Review, March 2002, vol. 28, no. 1pp. 165-172. (Electronic Reserve)

Bosworth, Barry P. "Fund Accumulation: How Much? How Managed?", in Social Security What Role for the Future?, edited by Peter A. Diamond, David C. Lindeman and Howard Young, National Academy of Social Insurance, Washington, D.C., 1996, Chapter 2, pp.89-113. (Electronic Reserve)

Diamond, Peter A. "The Future of Social Security" in Social Security What Role for the Future?, edited by Peter A. Diamond, David C. Lindeman and Howard Young, National Academy of Social Insurance, Washington, D.C., 1996, Chapter 7, pp.225-233. (Electronic Reserve)

Orr, Douglas V. (2002), "The Social Security Reform Debate: Effects of Financial and Labor Market Institutions", Review of Radical Political Economics v34, n3, pp. 285-293. (Electronic Reserves)

 

Back to Contents

 

"How Should We Privatize Social Security?"

Cogan, John F. and Olivia Mitchell, (2003), "Perspectives from the President's Commission on Social Security Reform", Journal of Economic Perspectives, (Spring 2003), vol.17, no. 2, pp. 149-172. (Electronic Reserve)

Feldstein, Martin and Jeffrey Liebman, (2001), Social Securtity, National Bureau of Economic Research Working Paper 8451, (September 2001), (Electronic Reserve)

Feldstein, Martin and Jeffrey Liebman, (2001), Potential Paths of Social Securtity Reform, National Bureau of Economic Research Working Paper 8592, (November 2001), (Electronic Reserve)

Feldstein, Martin (1996), "The Missing Piece in Policy Analysis: Social Security Reform", American Economic Review, Vol. 82, No. 2, May 1996, pp. 1-14.(Electronic Reserve)

Gramlich, Edward M. (1996), "Different Approaches for Dealing With Social Security", The Journal of Economic Perspectives, Vol. 10, No. 3, Summer 1996, pp. 55-66. (Electronic Reserve)

 

 

Back to Contents

 

"Has Privatization Worked in Latin America?"

 

Kritzer, Barbara E. (2000), "Social Security Privatization in Latin America", Social Security Bulletin v63, n2 (2000): 17-37. (Electronic Reserve)

Edwards, Sebastian; Edwards, Alejandra Cox (2002), "Social Security Privatization and Labor Markets: The Case of Chile", Economic Development and Cultural Change v50, n3 (April 2002): 465-489. (Electronic Reserve)

Muller, Katharina (2000) "Pension Privatization in Latin America", Journal of International Development v12, n4 (May 2000): 507-518. (Paper Reserve)

Diamond, Peter and Robert J. Myers, (1996), "Social Security Reform in Chile: Two Views" in Social Security What Role for the Future?, edited by Peter A. Diamond, David C. Lindeman and Howard Young, National Academy of Social Insurance, Washington, D.C., 1996, Chapter 6, pp.209-224. (Electronic Reserve)

Jose' Pinera, "Empowering Workers: The Privatization of Social Security in Chile", Cato Journal, Vol. 15, Nos. 2-3, Fall-Winter 1995/1996, pp. 155-166. (Paper Reserve)

Back to Contents

 

 

 


 


Links

 

Back to Contents


Handouts

EMPLOYMENT AS OLD-AGE SECURITY

 

Can the Elderly Support Themselves?

 

 

CHILDREN AS OLD AGE SECURITY

 

"Do Children Provide Old Age Security in the United States?"

 

"Do Children Provide Old-Age Security in the Developing World?"

 

GOVERNMENT PROGRAMS AS OLD AGE SECURITY

 

"Should We Privatize America's Social Security System?"

 

"How Should We Privatize Social Security?"

 

"Has Privatization of Social Security Worked in Latin America?"

 

 

 

Required Reading

Sylvester J. Scheiber and John B. Shoven, "Social Security Reform: Around the World in 80 Ways", American Economic Review, Vol. 86, No. 2, May 1996, pp. 373-377.

 

 

Back to Contents


PowerPoints

 

EMPLOYMENT AS OLD-AGE SECURITY

 

Can the Elderly Support Themselves?

Keisuke Hosoi

 

CHILDREN AS OLD AGE SECURITY

 

"Do Children Provide Old Age Security in the United States?"

John Kruchoski

 

"Do Children Provide Old-Age Security in the Developing World?"

Faria Rahman

 

GOVERNMENT PROGRAMS AS OLD AGE SECURITY

 

"Should We Privatize America's Social Security System?"

Gautam Mehta

 

"How Should We Privatize Social Security?"

Clayton Reed

 

"Has Privatization of Social Security Worked in Latin America?"

 

 

Back to Contents