The New Demographic Transition: Most Gains in Life Expectancy Now Realized Late in Life
The share of increases in life expectancy realized after age 65 was only about 20 percent at the beginning of the 20th century for the United States and 16 other countries at comparable stages of development; but that share was close to 80 percent by the dawn of the 21st century, and is almost certainly approaching 100 percent asymptotically. This new demographic transition portends a diminished survival effect on working life. For high-income countries at the forefront of the longevity transition, expected lifetime labor force participation as a percent of life expectancy is declining. Innovative policies are needed if societies wish to preserve a positive relationship running from increasing longevity to greater prosperity.
Volume (Year): 26 (2012)
Issue (Month): 3 (Summer)
|Contact details of provider:|| Web page: https://www.aeaweb.org/jep/|
More information through EDIRC
|Order Information:||Web: https://www.aeaweb.org/subscribe.html|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ronald Lee, 2003. "The Demographic Transition: Three Centuries of Fundamental Change," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 167-190, Fall.
- Dora L. Costa, 1998. "The Evolution of Retirement: An American Economic History, 1880-1990," NBER Books, National Bureau of Economic Research, Inc, number cost98-1, March.
- Kevin S. Milligan & David A. Wise, 2011. "Social Security and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms - Introduction and Summary," NBER Working Papers 16719, National Bureau of Economic Research, Inc.
- Claudia Goldin, 1990.
"Understanding the Gender Gap: An Economic History of American Women,"
National Bureau of Economic Research, Inc, number gold90-1, March.
- Goldin, Claudia, 1992. "Understanding the Gender Gap: An Economic History of American Women," OUP Catalogue, Oxford University Press, number 9780195072709, July.
- Timothy W. Guinnane, 2011.
"The Historical Fertility Transition: A Guide for Economists,"
Journal of Economic Literature,
American Economic Association, vol. 49(3), pages 589-614, September.
- Guinnane, Timothy W., 2010. "The Historical Fertility Transition: A Guide for Economists," Working Papers 84, Yale University, Department of Economics.
- Timothy W. Guinnane, 2010. "The Historical Fertility Transition: A Guide for Economists," Working Papers 990, Economic Growth Center, Yale University.
- Dora L. Costa, 2000.
"From Mill Town to Board Room: The Rise of Women's Paid Labor,"
Journal of Economic Perspectives,
American Economic Association, vol. 14(4), pages 101-122, Fall.
- Dora L. Costa, 2000. "From Mill Town to Board Room: The Rise of Women's Paid Labor," NBER Working Papers 7608, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:26:y:2012:i:3:p:137-56. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros)or (Michael P. Albert)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.