Age Groups and the Measure of Population Aging
This paper proposes the use of optimal grouping methods for determining the various age groups within a population. The cutoff ages for these groups, such as the age from which an individual is considered to be an older person, are then endogenous variables that depend on the entire population age distribution at any given moment. This method is first applied to the age distribution of the United States and subsequently to a group of 12 industrialized countries. The cutoff ages as well as the main indicators of aging are calculated.
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