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International Differences in Longevity and Health and their Economic Consequences / Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Adam Gailey, Yuhui Zheng.
- Format:
- Book
- Author/Creator:
- Michaud, Pierre-Carl.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w15235.
- NBER working paper series no. w15235
- Language:
- English
- French
- Subjects (All):
- Life expectancy--United States.
- Life expectancy.
- Chronic diseases--Economic aspects--United States.
- Chronic diseases.
- Health promotion--Economic aspects--United States.
- Health promotion.
- Medical economics--Econometric models.
- Medical economics.
- Life expectancy--Europe.
- Longevity--United States.
- Life Expectancy--United States.
- Cross-Cultural Comparison.
- Models, Economic.
- Longevity--Europe.
- Life Expectancy--Europe.
- Medical Subjects:
- Longevity--United States.
- Life Expectancy--United States.
- Cross-Cultural Comparison.
- Models, Economic.
- Longevity--Europe.
- Life Expectancy--Europe.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2009.
- Language Note:
- English with summary in French.
- Summary:
- In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of near-elderly Americans, relative to their European peers. In particular, we use a microsimulation approach to project what US longevity would look like, if US health trends approximated those in Europe. We find that differences in health can explain most of the growing gap in remaining life expectancy. In addition, we quantify the public finance consequences of this deterioration in health. The model predicts that gradually moving American cohorts to the health status enjoyed by Europeans could save up to $1.1 trillion in discounted total health expenditures from 2004 to 2050.
- Notes:
- Print version record
- August 2009.
- Includes bibliographical references (p. 19-20).
- OCLC:
- 470697028
- Publisher Number:
- 219555 CaOOCEL (Public Documents)
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