OLG-framework to investigate how longevity affects economic growth and welfare. In our model, life expectancy is … direct welfare gains from longer lifetimes can be substantial. In the generalized model specification the growth effect …Welfare aspects of longevity increases are often discussed neglecting the complex relationship between longevity and …

growth for the transitional dynamics. We find that i) higher survival induces economic growth through higher savings and …, and iv) there exists a growth-maximizing size of the health caresector that might lie beyond what is observed in most … growth and contribute to the debate surroundingrising health shares and economic development. …

faster technological progress and a higher long-run economic growth rate. From a welfare perspective, we show that the direct …We analyze the economic growth effects of rising longevity in a framework of endogenous growth driven by quality … consumption due to faster economic growth. Consequently, the debate on rising health care expenditures should not predominantly be …

health care enhances growth and welfare. Even if the provision of health care diverts labor from productive activities, it …We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping … may still fuel R&D and economic growth if the additional wealth that comes with expanding longevity translates into a more …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …