The public economics of increasing longevity

Pestieau, Pierre; Ponthiere, Grégory

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The public economics of increasing longevity

Pestieau, Pierre; Ponthiere, Grégory

2012 • In Hacienda Pública Española / Revista de Economía Pública, 200 (1/2012), p. 35-68

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Keywords :

life expectancy; mortality; public policy

Abstract :

[en] One of the greatest success stories in our societies is that people are living longer, life expectancy at birth being now above 80 years. Whereas the lengthening of life opens huge opportunities for individuals if extra years are spent in prosperity and good health, it is however often regarded as a source of problems for policy-makers. The goal of this paper is to examine the key policy challenges raised by increasing longevity. For that purpose, we first pay attention to the representation of individual preferences, and to the normative foundations of the economy, and, then, we consider the challenges raised for the design of the social security system, pension policies, preventive health policies, the provision of long term care, as well as for long-run economic growth.

Disciplines :

Economic systems & public economics

Author, co-author :

Pestieau, Pierre ; Université de Liège - ULiège > HEC-Ecole de gestion > HEC-Ecole de gestion

Ponthiere, Grégory ; Paris School of Economics and Ecole Normale Supérieure

Language :

English

Title :

The public economics of increasing longevity

Publication date :

2012

Journal title :

Hacienda Pública Española / Revista de Economía Pública

Volume :

200

Issue :

1/2012

Pages :

35-68

Peer reviewed :

Peer reviewed

Available on ORBi :

since 02 May 2012

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279 (3 by ULiège)

Number of downloads

319 (1 by ULiège)

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Scopus citations^®
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