Börsch-Supan, Axel (contributor) - 2006
stay relatively stable.
Aging implies more social security expenditures toward the elderly (pensions, health-
care, long … share of social expenditures of the EU15 countries in 2001 was 23.9
percent, vis-à-vis 14.7 percent in the United States …. Indeed,
GDP per capita in the United States is almost 50 percent higher than the average of the EU15
countries (see figure …