The Public Economics of Increasing Longevity

Pierre Pestieau and Gregory Ponthiere

Hacienda Pública Española / Review of Public Economics, 2012, vol. 200, issue 1, 41-74

Abstract: 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 provisión of long term care, as well as for long-run economic growth.

Keywords: Life Expectancy; Mortality; Public Policy (search for similar items in EconPapers)
JEL-codes: H21 H55 I12 I13 J10 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (21)

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Related works:
Working Paper: The public economics of increasing longevity (2012)
Working Paper: The public economics of increasing longevity (2012)
Working Paper: The public economics of increasing longevity (2012)
Working Paper: The public economics of increasing longevity (2012)
Working Paper: The public economics of increasing longevity (2012)
Working Paper: The public economics of increasing longevity (2012)
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