Old age is often associated with lower income and labour supply, and with higher medical and long-term care needs. As population ages, this creates challenges both for society and individuals, some of which (especially related to long-term care) have been reinforced with the recent pandemic. For society, rising pension spending, plus health and long-term care demands put strain on public finances and health care systems, making the need to design efficient policies more urgent. Individuals and their families must often struggle with achieving sufficient savings, balancing work and care for the elderly, and deciding the right time to retire, the right type of care to use and the right risk-management products to cope with longevity, medical and long-term care risks.
This workshop gathered international and national researchers studying the economics of ageing. It focused on applied work related to ageing, inclusive of the following general themes: