Annual Review of Gerontology and Geriatrics, Volume 22, 2002: Economic Outcomes in Later Life: Public Policy, Health and Cumulative Advantage PDF
Preview Annual Review of Gerontology and Geriatrics, Volume 22, 2002: Economic Outcomes in Later Life: Public Policy, Health and Cumulative Advantage
ANNUAL REVIEW OF GERONTOLOGY AND GERIATRICS Volume 22, 2002 Editor-in-Chief K. Warner Schaie, PhD The Pennsylvania State University University Park, Pennsylvania Associate Editors Vincent Cristofalo, PhD Toni Miles, MD President, Lankenau Institute Department of Family and for Medical Research Community Medicine Wynnewood, Pennsylvania University of Texas-San Antonio George L. Maddox, PhD Richard Schulz, PhD Duke University University of Pittsburgh Durham, North Carolina Pittsburgh, Pennsylvania Jerome A. Yesavage, MD Stanford University Stanford California Managing Editor Bernard D. Starr, PhD Marymount Manhattan College New York, New York Founding Editor Carl Eisdorfer, PhD, MD University of Miami School of Medicine Miami, Florida ANNUAL REVIEW of Gerontology and Geriatrics Volume 22, 2002 Focus On Economic Outcomes in Later Life: Public Policy, Health, and Cumulative Advantage Stephen Crystal, PhD Dennis Shea, PhD Volume Editors K. Warner Schaie, PhD Series Editor SPRINGER PUBLISHINGC OMPANY Copyright © 2003 by Springer Publishing Company, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Springer Publishing Company, Inc. Springer Publishing Company, Inc. 536 Broadway New York, NY 10012-3955 Acquisition Editor: Helvi Gold Production Editor: Matt S. Fenton Cover design by Joanne Honigman 0304050607/54321 ISBN 0-8261-1449-0 ISSN 0-198-8794 Printed in the United States by Maple Vail. Contents 1. Introduction: Cumulative Advantage, Public Policy, 1 and Inequality in Later Life Stephen Crystal and Dennis G. Shea 2. Cumulative Advantage and Gerontological Theory 14 Angela O'Rand 3. Income, Wealth, and Late-Life Inequality in the 31 United States Edward Wolff 4. Cross-National Comparisons of Retirement Income 60 Edward Whiteliouse and Richard Disney 5. Measurement of Late-Life Income and Wealth 95 James Smith 6. Gender Differences in Pension Wealth and 116 Their Impact on Late-Life Inequality Richard Johnson, Usha Sambamoorthi, and Stephen Crystal 7. Human Capital and the Long-Term Effects of 138 Education on Late-Life Inequality George Farkas 8. Socioeconomic Background and Midlife Health in 155 the United States Deborah Carr 9. Late-Life Morbidity Trajectories and SES 177 Robert Schoeni and Vicki Freedrnan, and Robert Wallace 10. Saving, Public Policy, and Late-Life Inequality 200 Annaniaria Litsardi, Jonathan Skinner, and Steven Venti 1.1. The Economic Future of the Baby Boom Generation 229 Richard Johnson and Stephen Crystal 12. Conclusion: Prospects for Retirement Resources in 256 an Aging Society Stephen Crystal and Dennis G. Shea v This page intentionally left blank Contributors Deborah Carr, PhD Annamaria Lusardi, PhD Department of Sociology Department of Economics and Institute for Health Dartmouth College Health Care Policy, and Hanover, NH Aging Research Rutgers University Angela M. CTRand, PhD New Brunswick, NJ Department of Sociology Center for the Study of Aging and Stephen Crystal, PhD Human Development Division on Aging Duke University Institute for Health Durham, NC Health Care Policy, and Aging Research Usha Sambamoorthi, PhD Rutgers University Division on Aging New Brunswick, NJ Institute for Health, Health Care Policy and Aging Research Richard Disney, MA Rutgers University Professor of Economics New Brunswick, NJ University of Nottingham Research Fellow of the Robert F. Schoeni Institute for Fiscal Studies, Senior Associate Research Scientist London and Survey Research Center Axia Economics Ford School of Public Policy University of Michigan George Farkas, PhD Ann Arbor, MI Department of Sociology Population Research Institute Dennis G. Shea, PhD The Pennsylvania State University Pennsylvania State University University Park, PA University Park, PA Vicki A. Freedman, Ph.D. Jonathan Skinner, PhD Director Joint French Professor of Polisher Research Institute Economics Madlyn and Leonard Abramson Dartmouth College Center for Jewish Life Community and Family Medicine North Wales, PA Dartmouth Medical School Hanover, NH Richard W. Johnson, PhD National Bureau of Economic Senior Research Associate Research The Urban Institute Washington, D.C. vn Vlll CONTRIBUTORS James P. Smith, PhD Robert Wallace, MD RAND Corporation Department of Epidemiology Santa Monica, CA College of Public Health University of Iowa Steven Venti, PhD Iowa City, IA Professor of Economics and Edward N. Wolff, PhD National Bureau of Economic Department of Economics Research Associate New York University and Dartmouth College Levy Economics Institute Hanover, NH of Bard College New York Edward Whitehouse, MA Director University of New South Wales And Axia Economics Forthcoming ANNUAL REVIEW OF GERONTOLOGY AND GERIATRICS Volume 23: Environments, Gerontology, and Old Age Editor-in-Chief: K. Warner Schaie Volume Editors: Hans-Werner Wahl, PhD, Rick Scheidt, PhD, and Paul Windley, PhD Contents Aging in Context Across the Adult Life: Bridging the Gap Between the Physical Environment and Social Environment Research World H.-W. WAHL AND C. TESCH-ROMER The Press-Competence Model Revisited: Empirical Usefulness and New Pathways R. SCHEIDT Ecology and the Aging Self R. RUBINSFF.IN Ecological Methods in Gerontology: Underuse, Misuse, and New Use R. Moos Cross-Cultural Issues of Housing: Can Older Adults in Western Societies Learn from Other Cultures' Living Arrangements? C. FRY Socio-Physical Environments at the Macro Level: The Impact of Population Migration C. LONGINO The Control-Enhancing Intervention Research Paradigm: Still Lessons to be Learned for Today's Aging? R. SCHUI../. AND J, HECKHAUSEN Everyday Competence and Everyday Problem Solving in Aging Adults: Role of the Physical and Social Context M. DiLtii, M. MARSISKE, AND S. WILLIS IX
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