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Increase in life expectancy is arguably the most remarkable by-product of modern economic growth. In the last 30 years we have gained roughly 2.5 years of longevity every decade, both in Europe and the United States. This book looks closely at the challenges to the economy that this increase brings.
Health expenditures, longevity, and growth / Brigitte Dormont [and others]. Transitory vs. permanent demographic shocks : from ageing to longevity ; The growth of health expenditures : ageing vs. technological progress ; Preferences towards health care : is health a luxury good? ; Integrating the different drivers : projections of total health expenditure, 2025-2050 ; The impact of health on productivity and growth ; Summary and policy discussion ; Appendix I : specification of the utility function and the income elasticity ; Appendix II : data sources and methods of health expenditure projections -- Age and productivity / Pekka Ilmakunnas [and others]. Setting the stage ; The grand view on age and productivity ; Age and absenteeism ; Age and working capacity ; Age and productivity : an analysis at the plant and the team level ; Conclusions and policy implications.
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