title: The New Demographic Transition: Most Gains in Life Expectancy Now Realized Late in Life.
abstract: The share of increases in life expectancy realized after age 65 was only about 20 percent at the beginning of the 20thcentury for the US and 16 other countries at comparable stages of development; but that share was close to 80 percent by the dawn of the 21stcentury, and is almost certainly approaching 100 percent asymptotically. This new demographic transition portends a diminished survival effect on working life. For high-income countries at the forefront of the longevity transition, expected lifetime labor force participation as a percent of life expectancy is declining. Innovative policies are needed if societies wish to preserve a positive relationship running from increasing longevity to greater prosperity.
authors: Director of the Stanford Asia Health Policy Program and Center Fellow at the Shorenstein Asia-Pacific Research Center.
authors: Karen N
authors: KN
authors: Eggleston
authors: Henry J. Kaiser, Jr., Professor Emeritus in the Departments of Economics and of Health Research and Policy, and Senior Fellow, Stanford Institute of Economic Policy and Research, both at Stanford University, Stanford, California.
authors: Victor R
authors: VR
authors: Fuchs