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Increasing Longevity and the Economic Value of Healthy Ageing and Longer Working

  • Les MayhewEmail author
Chapter
Part of the Understanding Population Trends and Processes book series (UPTA, volume 4)

Abstract

The chapter builds on and analyses three key quantities: life expectancy (LE), healthy life expectancy (HLE) and working life expectancy (WLE). Many important questions relate to these measures and the differences between them. Based on a model which is explained in the chapter, the author shows how changes to LE, HLE, WLE could affect various areas of Government expenditure, taxes and GDP and uses the model to consider the changes needed to put the UK economy on an ‘active ageing path’.

Keywords

Life Expectancy Gross Domestic Product Social Security Benefit Healthy Life Expectancy Wage Productivity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media B.V. 2011

Authors and Affiliations

  1. 1.Cass Business School, Faculty of Actuarial Science and Insurance, City UniversityLondonUK

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