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We study the effect of ageing, defined an extra year of life, on health care utilisation. We disentangle the direct … effect of ageing, from other alternative explanations such as the presence of comorbidities and endogenous time to death (TTD …) that are argued to absorb the effect of ageing ( so-called 'red herring' hypothesis). We exploit individual level end of …
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Rapidly aging population in high-income countries has exerted additional pressure on the sustainability of public pension expenditure. We present a theoretical model of public pension expenditure under endogenous human capital, where the latter facilitates a substantial decrease in equilibrium...
Persistent link: https://www.econbiz.de/10010858004
We study the effect of ageing, defined an extra year of life, on health care utilisation. We disentangle the direct … effect of ageing, from other alternative explanations such as the presence of comorbidities and endogenous time to death (TTD …) that are argued to absorb the effect of ageing (so-called "red herring" hypothesis). We exploit individual level end of …
Persistent link: https://www.econbiz.de/10012219358
Population ageing is associated with increasing healthcare expenditure. To guide policy and the adaptation of health … systems, however, a more accurate understanding of the quantitative effect of different components of ageing and other factors … indicators for the size of the labour force. All our scenarios indicate that demographic ageing is likely to increase future …
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