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Compression of Morbidity : A Promising Approach to Alleviate the Societal Consequences of Population Aging
Klijs, Bart; Nusselder, Wilma; Mackenbach, Johan - 2010
strategy is aiming for compression of morbidity. Some of the initial conditions for a compression of morbidity have been … age of 85. Trend studies have found no consistent evidence for a compression of morbidity. At the department of Public … smoking and physical inactivity increased the incidence of cardiovascular disease, as well as mortality with and without …
Persistent link: https://www.econbiz.de/10014194167
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Changes in Morbidity by Proximity to Death over Time : Evidence from Europe
Heger, Dörte - 2016
good or in poor health will drastically influence the development of health care costs as morbidity status rather than age … is associated with a compression or an extension of morbidity is still sparse and inconclusive. In this paper, we analyse …
Persistent link: https://www.econbiz.de/10012997216
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Stabilizing Pay-as-You-Go Pension Schemes in the Face of Rising Longevity and Falling Fertility : An Application to the Netherlands
Heeringa, Willem; Bovenberg, A. Lans - 2011
Rising longevity and falling fertility threaten the sustainability of pay-as-you-go pension chemes. This paper shows that maintaining the intergenerational balance in the Dutch pay-as-you-go pension scheme in the face of increased longevity since the introduction of the scheme in 1957 would have...
Persistent link: https://www.econbiz.de/10014200843
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Population Ageing and Inflation with Endogenous Money Creation
Fedotenkov, Igor - 2016
This paper provides an explanation as to why population ageing is associated with deflationary processes. For this reason we create an overlapping-generations model (OLG) with money created by credits (inside money) and intergenerational trade. In other words, we combine a neoclassical OLG model...
Persistent link: https://www.econbiz.de/10012997077
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On the Rise of Health Spending and Longevity
Michaud, Pierre-Carl; Fonseca, Raquel; Galama, Titus J.; … - 2010
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10014196951
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International Differences in Longevity and Health and Their Economic Consequences
Michaud, Pierre-Carl; Goldman, Dana P.; Lakdawalla, Darius - 2009
In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of...
Persistent link: https://www.econbiz.de/10014200788
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The Consequences of Indexed Debt for Welfare and Funding Ratios in the Dutch Pension System
Beetsma, Roel M. W. J.; Bucciol, Alessandro - 2011
Using a model of a two-pillar pension system, designed after and calibrated to the Dutch situation, we explore for the funding ratio of pension funds and the welfare of individuals the implications of replacing nominal debt in the pension fund's portfolio with indexed debt. We consider...
Persistent link: https://www.econbiz.de/10014183817
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The Graying of the Median Voter Aging and the Politics of the Welfare State in OECD Countries
Hollanders, David; Koster, Ferry - 2011
Analyzing 30 OECD‐countries in 1980‐2005, this paper documents the effect of an aging electorate on retirement spending. The first outcome is that an increase in the age of the median voter is not significantly associated with an increase in retirement spending relative to GDP. The second...
Persistent link: https://www.econbiz.de/10014186367
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An Empirical Analysis of the Association between Neighbourhood Income and Unit Nonresponse in the Survey of Health, Ageing and Retirement in Europe
Kalwij, Adriaan - 2009
This paper estimates associations between individual and neighbourhood characteristics and unit nonresponse in a survey of the population aged 50 and over in the Netherlands in 2004. The statistical model includes interviewer fixed effects to control for the non-random distribution of addresses...
Persistent link: https://www.econbiz.de/10014203663
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International Trade with Pensions and Demographic Shocks
Fedotenkov, Igor; Meijdam, Lex; Groezen, Bas van - 2012
The central question of this paper is how international trade and specialization are affected by different designs of pension schemes and asymmetric demographic changes. In a model with two goods, two countries and two production factors, we find that countries with a relatively large unfunded...
Persistent link: https://www.econbiz.de/10014166151