The next two decades will mark a new phase in the demographic transition
of the United States as baby boomers become eligible for Social Security
and Medicare. Drawing on evidence from the United States and other
nations, Explorations in the Economics of Aging yields important new
findings on how economic decisions by households and policy choices by
governments will influence the effects of this demographic shift. It
explores topics such as the implications of differential mortality rates
by income on Social Security, the link between cognition and economic
outcomes, and scale variations in self-reported work disability. This
volume will be an important reference for economists and policymakers
alike.