The European Commission (EC) has identified active and healthy ageing (AHA) as a major societal challenge mutual to European countries. This issue has increased in importance due to the progressive ageing observed in European societies, that force authorities to take initiatives for support the...

In recent years demographic aging and its consequences have been recognized and discussed on macroeconomic levels, such as health care system, infrastructure, housing and labour market. However, the consequences are not only present on the macroeconomic level but also affect microeconomic issues...