RIETI-RAND Symposium

"What Have We Learned from the Panel Data of the Elderly?: For better life and health" (Handouts)

Information

  • Time and Date: 10:00-18:05, Friday, July 29, 2011
  • Venue: The Tokai University Club (Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo (35th floor of Kasumigaseki Building )
  • Handouts

    Opening Remarks

    FUJITA Masahisa's photo

    FUJITA Masahisa (President and Chief Research Officer, RIETI / Professor, Konan University / Adjunct Professor, Institute of Economic Research, Kyoto University)

    Bio

    Masahisa Fujita previously served as Professor of the Institute of Economic Research at Kyoto University, President of the Institute of Developing Economies-JETRO (IDE-JETRO) (2003-2007), and Professor in the Department of Economics/Regional Science at the University of Pennsylvania. His research and teaching interests are in urban economics, regional economics, and spatial economics. He holds a Ph.D. in Regional Science from the University of Pennsylvania.
    Major works: The Spatial Economy: Cities, Regions, and International Trade (with P. Krugman and A.J. Venables), MIT Press, 1999; Economics of Agglomeration: Cities, Industrial Location, and Regional Growth (with J. Thisse), Cambridge University Press, 2002; Spatial Economics (volumes 1 & 2) (editor); The International Library of Critical Writings in Economics , Edward Elgar Publishing, Inc., 2005; Regional Integration in East Asia: From the Viewpoint of Spatial Economics (editor), Macmillan, 2007.
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    Arie KAPTEYN's photo

    Arie KAPTEYN (Director, RAND Labor and Population)

    Bio

    Arie Kapteyn, a senior economist at RAND, is a fellow of the Econometric Society, past president of the European Society for Population Economics, and corresponding member of the Netherlands Royal Academy of Arts and Sciences. Dr. Kapteyn is also associate director of the Financial Literacy Center, a joint center of RAND, Dartmouth College, and the Wharton School. Before joining RAND, Dr. Kapteyn held a chair in econometrics at Tilburg University, where he served the university in numerous capacities, including dean of the Faculty of Economics and Business Administration; founder and director of CentER (a research institute and graduate school) and of CentERdata (a survey research institute); and director of CentER Applied Research (a contract research institute). He has held visiting positions at several universities, including Princeton University, the California Institute of Technology, Australian National University, the University of Canterbury (New Zealand), the University of Bristol, and the University of Southern California. Dr. Kapteyn's research expertise covers microeconomics, public finance, and econometrics.
    Dr. Kapteyn received his Ph.D. in economics from Leiden University; M.A. in econometrics from Erasmus University Rotterdam; M.A. and B.A. in agricultural economics from State Agricultural University Wageningen.

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    Special Greeting

    YOSHITOMI Masaru's photo

    YOSHITOMI Masaru (Special Adviser, RIETI)

    Bio

    Masaru Yoshitomi was President and CRO of RIETI from 2005-2007. Prior to joining RIETI, Dr. Yoshitomi was Dean of the Asian Development Bank (ADB) Institute, Tokyo (1999-2003), Visiting Executive Professor at the Wharton School, University of Pennsylvania (1993-98), and served as Director-General, Coordination Bureau at the Economic Planning Agency (EPA) (1991-92); Director-General, Economic Research Institute, EPA (1987-91); and Director, Economics and Statistics Department, OECD, Paris (1984-87). He also served as an economist at the IMF (Washington, D.C.) (1970-74). He holds a Ph.D. in economics from the University of Tokyo.
    Major works: Reality of the Asian Economies--Miracle, Crisis, and Evolution of Institutions , 2003 (in Japanese); Post-Crisis Development Paradigms in Asia (co-authored with the staff of the ADB Institute), 2003; Reality of the Japanese Economy--Beyond Conventional Views , 1998 (in Japanese).
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    Lecture

    Longitudinal Aging Data for Behavioral and Social Research

    John W. R. PHILLIPS's photo

    John W. R. PHILLIPS (Behavioral and Social Research Program, National Institute on Aging (NIA))

    Bio

    John W. R. Phillips is a labor economist at the National Institute on Aging (NIA) Division of Behavioral and Social Research. He serves as Health Scientist Administrator for Retirement Research as well as Project Scientist for the Health and Retirement Study. Over the course of his career, he has published research on retirement, saving, and intergenerational resource allocation. His prior supervisory posts include Director of the Social Security Administration (SSA) Office of Policy Research and Chief of the Population and Social Process Branch at the NIA Division of Behavioral and Social Research. Earlier in his career he served as an economist and federal project officer at SSA conducting research on retirement and directing the Retirement Research Consortium program for SSA. He completed a two-year NIA postdoctoral research fellowship at the University of Pennsylvania where he published work on early retirement, savings shortfalls, and intergenerational transfers. He received his Ph.D. in economics from Syracuse University in 1997.

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    Session 1: Population Aging in the World Observed in Panel Data

    Session Chair: ICHIMURA Hidehiko's photo

    Session Chair: ICHIMURA Hidehiko (Faculty Fellow, RIETI / Professor of Economics at the Graduate School of Economics and the Graduate School of Public Policy, University of Tokyo)

    Bio

    Hidehiko Ichimura is Professor of Economics at the Graduate School of Economics and the Graduate School of Public Policy, the University of Tokyo and Faculty Fellow at the Research Institute of Economy, Trade and Industry (RIETI). His main research area is econometric methods and he has published several influential papers widely used in policy evaluations.
    For the past several years he has been leading the Japanese Study of Aging and Retirement (JSTAR), a research project to collect data on the Japanese elderlies to build a foundation for evidence-based policy analysis.
    Professor Ichimura received his Ph.D. in Economics from MIT and his B.A. in Economics from Osaka University.
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    Presentation: Outline and Purpose of the Japanese Study of Aging and Retirement (JSTAR) and the True Picture of Elderly People in Japan as Revealed by the Study

    ICHIMURA Hidehiko's photo

    ICHIMURA Hidehiko (Faculty Fellow, RIETI / Professor of Economics at the Graduate School of Economics and the Graduate School of Public Policy, University of Tokyo)

    Presentation: A Comparative Study of Well-being in the US, the UK, and Continental Europe

    Arie KAPTEYN's photo

    Arie KAPTEYN (Director, RAND Labor and Population)

    Q&A

    Presentation: Health and Early Retirement: Policy lessons from international comparisons

    Axel BÖRSCH-SUPAN's photo

    Axel BÖRSCH-SUPAN (Director, Munich Center for the Economics of Aging (MEA) at the Max-Planck-Institute for Social Law and Social Policy)

    Bio

    Axel Börsch-Supan is currently Director of the Munich Center for the Economics of Aging (MEA) at the Max-Planck-Institute for Social Law and Social Policy (formerly Mannheim Research Institute for the Economics of Aging, Mannheim University). His research focuses on household retirement and savings behavior, age and productivity, and Survey of Health, Aging and Retirement in Europe (SHARE), which he directs. Dr. Börsch-Supan is also a Research Associate at the NBER, a Member of the Board and Research Professor at the Center for European Economic Research (ZEW), a Fellow at the Center for Economic Policy Research in London, and Adjunct Faculty at RAND Corporation. He has previously held faculty positions at the John F. Kennedy School of Government at Harvard University and at the University of Dortmund. He was former Chair of the Council of Advisors, German Economics Ministry, co-chair of the German Pension Reform Commission, and a former member of the German President's Commission on Demographic Change. He has also advised the Organisation for Economic Co-operation and Development (OECD) and the World Bank. Dr. Börsch-Supan holds a Ph.D. from MIT.

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    Presentation: Cognitive Health of Older Indians: Individual and geographic determinants of female disadvantage

    Jinkook LEE's photo

    Jinkook LEE (Senior Economist, RAND Corporation)

    Bio

    Jinkook Lee is a senior economist at RAND Corporation and a professor at the Pardee RAND Graduate School. Before joining RAND, she was a professor at Ohio State University and has held visiting positions at the Federal Reserve Board and University of Wisconsin, Madison. Her research expertise includes economics of aging, family economics, and consumer finances, with particular interests in health, retirement, and well-being of the elderly. Her recent publications focus on education gradients in health and their potential pathways in various policy environments and cultures. She has developed several large-scale, multidisciplinary longitudinal studies and has been a co-principal investigator of the Longitudinal Aging Study in India since its inception. Dr. Lee leads the research network of the Health and Retirement Studies around the world and has developed the Survey Meta Data Repository with her colleagues at RAND.

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    Q&A

    Session 2: Considering Medical and Health Care Policy Based on Panel Data

    Session Chair: HASHIMOTO Hideki's photo

    Session Chair: HASHIMOTO Hideki (Professor, School of Public Health, the University of Tokyo)

    Bio

    Hideki Hashimoto received his MD at the University of Tokyo School of Medicine in 1988, and DrPH in health communication at Harvard School of Public Health in 1999. His recent research interests are on health service research on the diffusion of medical technology using a large clinical database, social epidemiology of health behaviors, and economic evaluation of medical and long-term care system. He is a certified internist and cardiologist in his country. Currently affiliated with the University of Tokyo School of Public Health, he teaches clinical epidemiology and health service research design.

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    Presentation: Should Medicare Reform Target Incentives for Providers or Patients?

    David WEIR's photo

    David WEIR (Research Professor, Survey Research Center, University of Michigan / Director, Health and Retirement Study (HRS))

    Bio

    David Weir is Research Professor of the Survey Research Center at the University of Michigan. Dr. Weir's current research interests include the use of longitudinal data to study chronic disease processes, especially diabetes and dementia; health care decision-making at older ages, including Medicare Part D; how couples jointly plan for risks of old age including retirement, widowhood, and disability; the role of personality factors in lifetime economic success, and the use of biomarkers in population surveys. He also directs the Health and Retirement Study (HRS).
    Dr. Weir received his Ph.D. in Economics from Stanford University.

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    Presentation: Using International Country Data to Learn about Health--the case of England and the USA

    James P. SMITH's photo

    James P. SMITH (Distinguished Chair in Labor Markets and Demographic Studies, RAND Corporation)

    Bio

    James P. Smith holds the Distinguished Chair in Labor Markets and Demographic Studies at RAND Corporation. He is currently principal investigator for the New Immigrant Survey, a cost-effective survey that yields an adequate sample size of the foreign-born, has known sampling properties, permits longitudinal analyses, and can answer policy questions of particular relevance to immigration. He has been an invited speaker before the President's Initiative on Race in Phoenix, the Federal Reserve Board of Los Angeles, and the Prime Minister and members of Parliament of New Zealand, among many others. Dr. Smith has twice received the National Institutes of Health (NIH) Merit Award, the most distinguished honor NIH grants to a researcher. In 2009, Dr. Smith received the Ulysses Medal from University College Dublin. Dr. Smith received his Ph.D. in economics from the University of Chicago.

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    Health and Health Care in Japanese Elderly

    HASHIMOTO Hideki's photo

    HASHIMOTO Hideki (Professor, School of Public Health, the University of Tokyo)

    Q&A

    Session 3: Work Participation of the Elderly as Suggested by Evidence from Panel Data

    Session Chair: SHIMIZUTANI Satoshi's photo

    Session Chair: SHIMIZUTANI Satoshi (Consulting Fellow, RIETI / Senior Research Fellow, Institute for International Policy Studies (IIPS))

    Bio

    Satoshi Shimizutani has been Consulting Fellow at the Research Institute of Economy, Trade and Industry (RIETI) and Senior Research Fellow at the Institute for International Policy Studies (IIPS) since 2007. Prior to his current positions, he was Associate Professor of Institute of Economic Research, Hitotsubashi University (2004-2007), Counsellor of Economic and Social Research Institute, Cabinet Office, Government of Japan (2002-2004). He has also worked at the Price Policy Division, Quality-of-Life Policy Bureau, Cabinet Office (2001-2002) and Economic Planning Agency, Government of Japan (1990-2000).
    Dr. Shimizutani received his Ph.D. in Economics from the University of Michigan.
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    Presentation: Mental Retirement: National-level policy variations and pooled cross-sectional data from HRS, ELSA, and SHARE to identify a causal effect of early retirement on cognition

    Robert WILLIS's photo

    Robert WILLIS (Professor, University of Michigan)

    Bio

    Robert Willis is Research Professor of the Population Studies Center, Professor of Economics and Research Professor of the Survey Research Center, University of Michigan. Dr. Willis has made important contributions to research in labor economics and the economics of fertility and the family. He is currently conducting research on out-of-wedlock childbearing and intergenerational transfers in Asia and the United States. Dr. Willis is past Director of the Health and Retirement Study.
    Dr. Willis received his Ph.D. in Economics from the University of Washington, Seattle.

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    Presentation: Retirement Process and Social Security in Japan

    SHIMIZUTANI Satoshi's photo

    SHIMIZUTANI Satoshi (Consulting Fellow, RIETI / Senior Research Fellow, Institute for International Policy Studies (IIPS))

    Presentation: Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts

    David WISE's photo

    David WISE (John F. Stambaugh Professor of Political Economy, Harvard Kennedy School)

    Bio

    David A. Wise is the Stambaugh Professor of Political Economy at the John F. Kennedy School of Government at Harvard University. He is also the Area Director of Health and Retirement Programs, and Director of the Program on the Economics of Aging, at the National Bureau of Economic Research, and a Senior Fellow at the Hoover Institution at Stanford University. He has written extensively on the determinants of retirement in the United States, in particular the retirement incentives of defined benefit pension plans. For some time he has been directing an international comparative project analyzing the effect of public pension program provisions that often induce early retirement from the labor force. The ongoing project has produced several books: Social Security and Retirement Around the World; Social Security Programs and Retirement around the World: Micro-Estimation; Social Security Programs and Retirement around the World: Fiscal Implications of Reform; Social Security Programs and Retirement around the World: The Relationship to Youth Employment --all edited by Jonathan Gruber and David Wise and all from the University of Chicago Press. He has also written extensively about the saving effect of personal retirement programs, the market risk of personal accounts compared to the job-change risk of defined benefit pension plans, and the future accumulation of pension assets associated with the conversion from retirement saving through defined benefit plans to saving through 401(k) and other personal retirement plans.

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    Q&A

    Closing Remarks

    NAKAJIMA Atsushi's photo

    NAKAJIMA Atsushi (Chairman, RIETI)

    Bio

    Prior to his current position, Mr. Nakajima served as Senior Managing Executive Officer & Chief Economist, Mizuho Research Institute, Ltd. (2004-2011); Executive Officer, Chief Economist & General Manager of Research Division, Mizuho Corporate Bank, Ltd. & Executive Officer, Chief Economist of Mizuho Research Institute, Ltd. (2003-2004); Chief Economist of Mizuho Research Institute, Ltd. & Chief Economist & General Manager of Research Division, Mizuho Corporate Bank, Ltd. (2002-2003); Chief Economist & General Manager, Research Department, Head Office, the Industrial Bank of Japan Ltd.(IBJ); President, Banque IBJ (France) S.A.; Senior Deputy General Manager, Industrial Research Department, Head Office, IBJ; Senior Manager, International Finance Department, Head Office, IBJ.
    Mr. Nakajima graduated from The University of Tokyo with a B.A. in Faculty of Law.
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