Economics of Changing Age Distributions in Developed Countries

The demography of the developed countries has changed dramatically over the past century: fertility has declined, life expectancy has increased, and the proportion of the population over 65 has nearly tripled. This book considers the far-reaching economic and social consequences of these demographic changes, in the light of experience and data from the UK, Israel, Japan, and the USA. Contributors include: Ronald D. Lee, Yoram Ben-Porath, Kevin Murphy, Mark Plant, Finis Welch, Linda G. Martin, Naohiro Ogawa, John Ermisch, W. Brian Arthur, Nathan Kayfitz, Robert Willis, Alessandro Cigno, Gerry Rodgers, Frank T. Denton, and Byron G. Spencer.