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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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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 13 April 2021

Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity

Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity

(p.12) 1 Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity
Ageing, Health, and Productivity

Brigitte Dormont

Joaquim Oliveira Martins

Florian Pelgrin

Marc Suhrcke

Oxford University Press

This chapter deals with demographic facts. Ageing trends are the result of two different and contrasted phenomena: the change from a high to a low fertility regime and the increase in longevity. The baby boom and subsequent fertility bust was a massive but transitory shock. In contrast, the smooth and steady increase in longevity does look like a permanent shock. The critical condition for these potential longevity gains to materialise in longer working lives is a dynamic equilibrium between the increase in life expectancy and the number of years in good health (the so-called ‘healthy ageing’ regime).

Keywords:   ageing, longevity, life expectancy, health, healthy ageing regime

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