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Ageing, health and disability – An economic perspective

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From Grey to Silver

Abstract

It has been established that morbidity increases with age, which leads to a reduction in labour productivity and an increase in care costs. However, in the health economic literature, it is sometimes argued that an individual’s age is not a good predictor of morbidity and care costs once ‘time to death’ is taken into account. In other words, age itself is not significant because the period in which older people need help is simply postponed when life expectancy increases.

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Author information

Authors and Affiliations

  1. Technische Universität Darmstadt, Darmstadt, Germany

    Dr. Martin Karlsson (Assistant Professor for Applied Econometrics) & Florian Klohn (Research and Teaching Assistant at the chair for Applied Econometrics)

Authors
  1. Dr. Martin Karlsson
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  2. Florian Klohn
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Editor information

Editors and Affiliations

  1. , Institute of Management, University of St. Gallen, Dufourstr. 40a, St. Gallen, 9000, Switzerland

    Michael Boppel

  2. , Center for Disability and Integration, University of St. Gallen, Rosenbergstrasse 51, St. Gallen, 9000, Switzerland

    Stephan Boehm

  3. Inst. Betriebswirtschaft, Universität St. Gallen, Dufourstr. 40 A, St. Gallen, 9000, Switzerland

    Sven Kunisch

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Karlsson, M., Klohn, F. (2011). Ageing, health and disability – An economic perspective. In: Boppel, M., Boehm, S., Kunisch, S. (eds) From Grey to Silver. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-15594-9_5

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