Schneider, Maik T.; Winkler, Ralph - 2010 - This version: September 2010
We develop a perpetual youth model to investigate how longevity affects economic growth and welfare. Life expectancy is … steady state growth rate. Although the effect is small, even for large increases in longevity, welfare gains may be … ; endogenous longevity ; healthcare expenditures ; healthcare technology ; quality-quantity trade-off …