Future Well-Being of the Elderly

Conference organized as part of the QICSS International Conferences

Around the world, the economic conditions of the elderly are changing rapidly. On one hand, we are seeing the new elderly reach retirement with significant financial assets, in particular among households where both spouses have extensive labor market experience. On the other hand, transformations in the workplace imply that employer pension plans are vastly different from what they were in the past, leading retirees to face potentially more risks – and more complex decisions – than they did. Adding to these factors, trends in population health are mixed, some forces indicating that the future elderly will be healthier while others would suggest more years spent in worse health. With governments beginning to feel the heat from these mounting pressures, and societies – including employers offering retirement saving programs – looking to adapt, this conference aims to shed further light on various dimensions of the well-being of the future elderly population.

PRESENTATIONS

Monday, December 5 2016

Keynote speaker

• Are the future elderly prepared?
  Arie Kapteyn // Center for Economic and Social Research, University of Southern California

Session 1

• Drawing Down Retirement Wealth : Interactions between Social Security Wealth and Private Retirement Savings
  Philip Armour // RAND Corporation
• Assessing the Demand for Annuities in an Undeveloped Market : Evidence from Hong Kong
  Joachim Inkmann // University of Melbourne

Keynote speaker

• Well-being in old age when people care about today
  Axel Börsch-Supan // Max Planck Institute for Social Law and Social Policy

Session 2

• Identifying income and wealth-poor households in the euro area
  Philip Müller // University of Göttingen
• Cutting One's Coat According to One's Cloth – How did the great recession affect retirement resources and expenditure goals?
  Jochem de Bresser // Tilburg University
• Home production as a substitute to market consumption? Estimating the elasticity using House price shocks from the Great Recession
  Jim Been // Leiden University
• The health and capacity to work of older men and women in Canada
  Tammy Schirle // Wilfrid Laurier University

Keynote speaker

• Perceived Financial Well-Being of Canadians in Mid to Later Life: A Longitudinal and Multi-Method Analysis
  Susan McDaniel // Prentice Institute for Global Population and Economy, University of Lethbridge

Tuesday, December 6 2016

Session 3

• Poverty and Sleep in Later Life
  Jen-Hao Chen // University of Missouri
• Disability in Retirement, Home Production, and Informal Insurance Between Spouses
  Bertrand Achou // Université Laval
• Closing Down the Shop: Optimal Health and Wealth Dynamics near the End of Life
  Pascal St-Amour // Université de Lausanne

Session 4

• Intra-Household Labour Income Responses to Changes in Tax Rates among Older Workers
  Derek Messacar // Statistics Canada
• Will we repay our debts before retirement? Or did we already, but nobody noticed?
  Mauro Mastrogiacomo // Vrije Universiteit Amsterdam
• Home Production and Retirement in Couples: A Panel Data Analysis
  Arthur van Soest // Tilburg University
• As You Sow, So Shall You Reap : Gender-role Attitudes and Late-life Cognition
  Eric Bonsang // Université Paris-Dauphine

Session 5

• Preparation for Retirement and the Risk of Out-of-pocket Long-term Care Expenses
  Michael Hurd // RAND Corporation

Panel

• Reforming the Canada Pension Plan and the Quebec Pension Plan
  Bob Baldwin // Pension Consultant
  Tammy Schirle // Wilfrid Laurier University
  Pierre-Carl Michaud // HEC Montréal, Chaire Industrielle Alliance et CIRANO