Achieving Economic Sustainability in Ageing Societies
| Autor: | Mikkel Barslund, Tarmo Valkonen |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Pension
Population ageing media_common.quotation_subject Postponement 05 social sciences Redistribution (cultural anthropology) 03 medical and health sciences 0302 clinical medicine 0502 economics and business Unemployment Economics Dependency ratio Demographic economics 030212 general & internal medicine 050207 economics Fiscal sustainability health care economics and organizations Retirement age media_common |
| Zdroj: | The Future of Ageing in Europe ISBN: 9789811314162 |
| Popis: | Valkonen and Barslund provide new research results on demographic trends and their influence on national economies. This chapter emphasizes uncertainty on future demographics referring to the pessimistic projections on life expectancies, which have delayed preparations for population ageing. Correspondingly, the convergence of male and female life expectancies cannot be taken for granted. The number of elderly people living alone is, however, very likely to multiply, when baby boomers age. The results on pension policies show that raising the retirement age is an effective way of improving fiscal sustainability. In the presence of progressive unemployment benefits and disability pensions, it can also increase redistribution. Ongoing postponement of the effective retirement age weakens the relevance of summary measures of ageing, such as the old-age dependency ratio. |
| Databáze: | OpenAIRE |
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