Political economy
Author(s)
Bibliographic Information
Political economy
（Economics and ageing / José Luis Iparraguirre, v. 4）
Palgrave Macmillan, c2019
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Note
Includes bibliographical references and index
"This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG ... Cham, Switzerland"--T.p. verso
Description and Table of Contents
Description
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 the economics of happiness, quality of life, and well-being in later life. It also covers questions of inequality and poverty, intergenerational economics, and housing. Other areas described in this book include behavioural economics, political economy, and consumption in ageing societies.
Table of Contents
I Economics of happiness and quality of life1 Conceptualisations and measurement1.1 Utility1.2 Welfare1.3 Subjective and objective well-being1.3.1 Subjective well-being1.3.2 Objective well-being1.4 Psychological well-being1.5 Optimal well-being1.6 Happiness1.7 Human development1.8 Quality of life1.8.1 CASP-191.8.2 Long-term care1.8.3 Health care1.8.4 Community quality of life2 Theories and empirical findings2.1 Comparison theories2.2 Easterlin paradox2.3 Set-point, adaptation-level, and the hedonic treadmill2.4 Personality traits and genetics2.5 Needs-based theories2.6 Inequality and happiness2.7 Happiness along the life cycle3 Happiness and policy3.1 Gross National Happiness3.2 National Accounts of Well-being3.2.1 Time-based national well-being accounts3.3 Happy life expectancy or happy life years3.3.1 Inequality of Happiness3.4 Closing thoughtII Inequality and Poverty4 Inequality4.1 Introduction4.2 Distribution and moral theory4.2.1 Value claims4.2.2 Moral desert4.2.3 Utilitarianism4.2.4 Libertarianism4.2.5 Contractualism4.2.6 Capabilities4.2.7 Consequentialist and deontological approaches4.3 Measurement of distribution and inequality4.3.1 Inequality of whom?4.3.2 Inequality of what?4.3.3 Measures of inequality4.4 Population ageing and distributional issues4.5 Intergenerational transmission of inequality5 Poverty, deprivation and social class5.1 An embarrassment of definitional riches?5.1.1 Equivalisation5.1.2 Absolute poverty5.1.3 Relative poverty5.1.4 Multidimensional approaches5.1.5 Mortality-adjusted poverty rates5.1.6 Subjective poverty5.1.7 Financial distress5.1.8 Financial security5.1.9 Chronic or persistent poverty5.2 Theories of Poverty5.2.1 Individualist approaches5.2.2 Structuralist approaches5.2.3 Intergenerational income elasticity5.2.4 Equal burden-sharing5.2.5 The Great Gatsby curve5.2.6 Anti-poverty role of pension income in low-income developingcountries5.3 Social class and later life6 Some questions of intergenerational economics6.1 Intergenerational transfers6.2 Intergenerational mobility6.2.1 Multigenerational mobility6.3 Justice between generations6.3.1 Prudential lifespan6.3.2 Fair innings6.4 Equity, solidarity, conflict, and ambivalence6.4.1 Generational equity6.4.2 Generational interdependence and solidarity6.4.3 Generational contract6.4.4 Intergenerational ambivalence6.5 Indices of intergenerational fairness6.5.1 The Intergenerational Fairness Index6.5.2 Intergenerational Justice Index7 Ageing, house prices, and economic crises7.1 Introduction7.2 Residential mobility in later life7.2.1 Ageing, moving, and house prices7.2.2 Housing-related financial products7.3 Housing and poverty in later life7.3.1 Housing and risk in later life7.4 Housing and pensions7.4.1 Housing income and public spending on older people7.4.2 Housing and the retirement decisionIII Behavioural Economics and Ageing8 Behavioural economics and individual ageing8.1 Prospect theory8.2 Framing effects8.3 Anchoring effect8.4 Priming8.5 Sunk cost effect8.6 Mental accounting8.7 Myopia8.8 Lack of willpower8.9 Complexity8.10 Same findings, other approaches9 Behavioural economics and policy9.1 Libertarian paternalism9.1.1 Nudge9.2 Constitutionally constrained paternalism9.3 Autonomy-enhancing paternalism9.4 Asymmetric paternalism9.5 The Save More Tomorrow TM programmeIV Political Economy10 Economics and the political economy of ageing10.1 Introduction 10.2 Political economy of ageing -the orthodox economicsview10.2.1 Population ageing and the median voter model10.2.2 Elderly power and fiscal leakage10.2.3 Interest group models11 Gerontological views11.1 Political gerontology11.2 Social gerontology and the political economy of ageingV The silver economy12 The silver economy12.1 Introduction12.2 The ageing' consumer12.2.1 Demand-driven market segmentations12.2.2 Other market segmentations12.3 The retirement-consumption puzzle12.4 Ageing and the consumer society12.4.1 Successful ageing and the consumer society12.4.2 Affluenza
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