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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, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 29 October 2020

Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity

Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity

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

Brigitte Dormont

Joaquim Oliveira Martins

Florian Pelgrin

Marc Suhrcke

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199587131.003.0003

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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