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
economics health economics and the economics of ageing but also policy makers students
professionals and practitioners in gerontology sociology health-related sciences and social
care. This volume discusses the fiscal implications of ageing health economics and long-term
care. Fiscal policy issues include generational accounting and national transfer accounts the
relationship between ageing public expenditure and fiscal policy the age profiles of public
expenditures and taxes and the relationship between ageing capital and labour taxation.
Health economics with regard to ageing comprises healthy and disability-free life expectancy
the relationship between health inequalities and age the macroeconomic implications of
population health the socio-economic determinants of health the interaction between ageing
and both individual and aggregate health expenditure and economic approaches to valuing later
life. This volume closes with an exposition of the economics of formal and informal care as
well as questions around insurance risk and the so-called `sandwich generation'.
