MACMILLAN Economics and Ageing: Volume III: Long-term Care and Finance: 3

This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in health economics and economics of ageing, but policy makers, professionals and practitioners in gerontology, sociology, health-related sciences, and social care. This volume introduces topics in labour economics, including the economic implications of ageing workforces. It covers pension economics and pension systems with their macroeconomic and distributive effects, and the question of risk. Finally, it describes macroeconomic consequences of ageing populations on aggregate saving, inflation, international trade, and financial markets. Review “A tour de force. Prof Iparraguirre has delivered the seemingly impossible: a thorough and accessible textbook covering economic aspects of almost anything related to individual and population ageing, from social engagement to pensions and wealth, health to cognition, the silver markets to behavioural economics and political economy. It will assist anyone interested in improving wellbeing in later life and in learning the importance and limitations of economic factors towards making this happen.” (Asghar Zaidi, Professor of Social Gerontology, Seoul National University) “The Economics of Ageing is an excellent series of books - well-written and comprehensively covering all aspect on the topic. It is the first book of its kind and considering its quality, depth and scope, I doubt something similar will be published in the foreseeable future.” (Alfonso Sousa-Poza, Professor of Economics, Institute for Health Care & Public Management, University of Hohenheim) “As Chief Executive of the International Longevity Centre UK, the UK’s specialist think tank on the impact of longevity on society, I welcome the timely publication of this superb introduction to the economics of ageing. The population in most countries is undergoing an unprecedented demographic shift that will leave none of us untouched. And while longer lives are something to be celebrated, we need to make sure that we truly understand and adapt to the needs of an ageing society, so that we all can make the most of the benefits of increased longevity. This four-volume publication brilliantly sets out the key macro- and microeconomic implications of an ageing society, and acts as a conversation starter to this important topic. Now it’s time to put our thinking caps on to adapt our policy, products and services to the greatest challenge and opportunity of the 21st century.” (Baroness Sally Greengross OBE, House of Lords) From the Back Cover This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in health economics and economics of ageing, but policy makers, professionals and practitioners in gerontology, sociology, health-related sciences, and social care. This volume introduces topics in labour economics, including the economic implications of ageing workforces. It covers pension economics and pension systems with their macroeconomic and distributive effects, and the question of risk. Finally, it describes macroeconomic consequences of ageing populations on aggregate saving, inflation, international trade, and financial markets. About the Author José Luis Iparraguirre is Chief Economist at Age UK and Professor of Economics, University of Morón, Buenos Aires, Argentina.