Labor-Market Experience of the Almost Old and the Implications for Income Support
发现近三十年老年人(以市场工作显著减少为标志)变得更年轻,同时公共和私人收入支持同步增长,并提出了两者关联的机制。
Old age, like beauty, is in the eye of the beholder. If by old age we mean the period of life characterized by a significant reduction in market work, then a major phenomenon of the last three decades has been that the old among us have gotten considerably younger. Here we briefly review this phenomenon, discuss a parallel growth in broadly defined income support, both public and private, and then provide a mechanism for relating the two.