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Ageing, health and disability – An economic perspective

In: From Grey to Silver

Author

Listed:
  • Martin Karlsson

    (Technische Universität Darmstadt)

  • Florian Klohn

    (Technische Universität Darmstadt)

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.

Suggested Citation

  • Martin Karlsson & Florian Klohn, 2011. "Ageing, health and disability – An economic perspective," Springer Books, in: Michael Boppel & Stephan Boehm & Sven Kunisch (ed.), From Grey to Silver, pages 51-67, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-15594-9_5
    DOI: 10.1007/978-3-642-15594-9_5
    as

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