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How Old is Old? Revising the Definition Based on Life Table Criteria

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Author Info
Frank T. Denton
Byron G. Spencer

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Abstract

Sixty-five has long been thought of as the point of entry into "old age". We propose a number of life table criteria for answering the following questions: If 65 was considered appropriate four decades ago, what is the corresponding age today? If 65 was (implicitly) a male-oriented definition four decades ago, as we believe it was, what would have been the appropriate definition for women at that time, and what is it today? We address these questions by applying our criteria to 1951 and 1991 Canadian life tables.

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File URL: http://socserv2.socsci.mcmaster.ca/~iesop/papers/iesop_02.bin
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Publisher Info
Paper provided by McMaster University in its series Independence and Economic Security of the Older Population Research Papers with number 2.

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Length: 20 pages
Date of creation: May 1996
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Handle: RePEc:mcm:iesopp:2

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Related research
Keywords: old age; life tables;

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Find related papers by JEL classification:
I12 - Health, Education, and Welfare - - Health - - - Health Production
J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped

Cited by:
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  1. Frank T. Denton & Byron G. Spencer, 1999. "Economic Costs of Population Aging," Department of Economics Working Papers 1999-02, McMaster University. [Downloadable!]
    Other versions:
  2. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Economic Costs: A Survey of the Issues and Evidence," Quantitative Studies in Economics and Population Research Reports 340, McMaster University. [Downloadable!]
    Other versions:
  3. Frank T. Denton & Byron G. Spencer, 2000. "Some Demographic Consequences of Revising the Definition of 'Old' to Reflect Future Changes in Life Table Probabilities," Quantitative Studies in Economics and Population Research Reports 352, McMaster University. [Downloadable!]
    Other versions:
  4. Maxim S. Finkelstein, 2003. "Age correspondence for different mortality regimes with and without the change point," MPIDR Working Papers WP-2003-039, Max Planck Institute for Demographic Research, Rostock, Germany. [Downloadable!]
  5. Frank T. Denton & Byron G. Spencer, 1999. "Population Aging and Its Costs: A Survey of the Issues and Evidence," Department of Economics Working Papers 1999-03, McMaster University. [Downloadable!]
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This page was last updated on 2009-11-6.

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