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Ageing, Health, and ProductivityThe Economics of Increased Life Expectancy$
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Pietro Garibaldi, Joaquim Oliveira Martins, and Jan van Ours

Print publication date: 2010

Print ISBN-13: 9780199587131

Published to Oxford Scholarship Online: January 2011

DOI: 10.1093/acprof:oso/9780199587131.001.0001

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Conclusions and Policy Implications

Conclusions and Policy Implications

(p.215) 12 Conclusions and Policy Implications
Ageing, Health, and Productivity

Pekka Ilmakunnas

Jan van Ours

Vegard Skirbekk

Matthias Weiss

Oxford University Press

This concluding chapter contributes to the discussion in two ways. First, it presents a ‘grand view’ in which it discusses the various components of productivity in detail, and then looks at long-term historical developments where changing economic structures are taken into account. Second, it presents results from an empirical analysis in which it considers both the ‘extensive margin’ of productivity (absenteeism at an individual level) and the ‘intensive margin’ of productivity (productivity conditional on being present at work at a group level or firm level).

Keywords:   ageing, productivity, life expectancy, labour market, absenteeism, group level, firm level

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