Showing 1 - 10 of 140
We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...
Persistent link: https://www.econbiz.de/10005094204
We study the effects of demographic shocks and changes in the pension system on the macroeconomic performance of an advanced small open economy. An overlapping-generations model is constructed which includes a realistic description of the mortality process. Individual agents choose their optimal...
Persistent link: https://www.econbiz.de/10005094360
I investigate the contribution of pharmaceutical innovation to recent longevity growth in Germany and France. First, I …
Persistent link: https://www.econbiz.de/10013069689
public intervention depends on the extra-productivity of public spendings in longevity, its optimal structure is determined … by (1) differences in the productivity of each policy; (2) how growth would influence each longevity aspect under laissez …-faire; (3) the dependence of each longevity aspect on past achievements. Given competing effects, the optimal intervention can …
Persistent link: https://www.econbiz.de/10013317486
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education … two contributions to the literature on the macroeconomics of population ageing. First we show that it is important to … wisdom following an increase in longevity, depending on the corresponding change in the age-productivity profile …
Persistent link: https://www.econbiz.de/10013021702
We study the impact of social health insurance on mortality. Using the introduction of compulsory health insurance in the German Empire in 1884 as a natural experiment, we estimate flexible difference-in-differences models exploiting variation in eligibility for insurance across occupations. Our...
Persistent link: https://www.econbiz.de/10012932916
Longitudinal, disease-level data are used to analyze the impact of pharmaceutical innovation on longevity (mean age at … pharmaceutical innovation increased mean age at death by 0.87 years (10.4 months) — about 44% of the total increase in longevity …
Persistent link: https://www.econbiz.de/10013315556
We use longitudinal, disease-level data to analyze the impact of pharmaceutical innovation on longevity and medical … estimated to have increased mean age at death by 0.60 years during the period. The estimates indicate that longevity depends on …
Persistent link: https://www.econbiz.de/10013315886
Increasing longevity causes an upward trend in the dependency ratio in many countries. This raises concerns about the … and benefits to longevity. The political reform process is analysed using the so-called legislative procedure. When … longevity increases, the young generation contributes more, and the old generation faces lower benefits and a retirement age …
Persistent link: https://www.econbiz.de/10013317447
Increasing longevity causes an upward trend in the dependency ratio in many countries. This raises concerns about the … and benefits to longevity. The political reform process is analysed using the so-called legislative procedure. When … longevity increases, the young generation contributes more, and the old generation faces lower benefits and a retirement age …
Persistent link: https://www.econbiz.de/10005094323