The Economics Of Growing Older

by Patricia McBroom

In response to the pressing need for economic information on older Americans, a new research center on aging has been established at Berkeley.

It is one of nine such centers funded by the National Institute on Aging. The new Center on the Economics and Demography of Aging--located within the Institute of Business and Economic Research--will focus research in such areas as population forecasting and the economic and health status of the elderly.

Under the direction of Ronald Lee, professor of demography and economics, the center will develop information on the aging of the population, including life expectancy, economic status, use of medical services, and the costs of illnesses that afflict the elderly.

Funding has been approved for an initial five-year period at $150,000 per year by the National Institutes of Health.

The center will sponsor seminars and a working-paper series, as well as pilot projects in elderly health status and health-care utilization.

The highly interdisciplinary work will foster interaction among faculty from many fields, including economics, demography, public policy, anthropology, sociology, statistics, and biology.


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