Breyer, Friedrich; Lorenz, Normann; Niebel, Thomas - 2012
mortality rises with age and a large share of HCE is caused by proximity to death. As a consequence, rising longevity - through … falling mortality rates - may even reduce HCE. However, a weakness of previous empirical studies is that they use cross …-sectional evidence to make inferences on a development over time. In this paper we try to isolate the impact of rising longevity on the …