Breyer, Friedrich; Lorenz, Normann; Niebel, Thomas - 2012
population forecast for Germany is used to isolate the effect of demographic ageing on real per-capita HCE over the next decades. … 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 …