Demographic Change and Fiscal Policy
Cambridge University Press, 4/12/2001
EAN 9780521662444, ISBN10: 0521662443
Hardcover, 466 pages, 22.9 x 15.2 x 3 cm
Language: English
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.
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.
"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