Chapter

Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity

Brigitte Dormont, Joaquim Oliveira Martins, Florian Pelgrin and Marc Suhrcke

in Ageing, Health, and Productivity

Published in print November 2010 | ISBN: 9780199587131
Published online January 2011 | e-ISBN: 9780191595370 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199587131.003.0003
Transitory vs. Permanent Demographic Shocks: From Ageing to Longevity

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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

Chapter.  1015 words.  Illustrated.

Subjects: Macroeconomics and Monetary Economics

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