| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062684 | Economics Letters | 2006 | 5 Pages |
Abstract
In a model where longevity increases with average human capital, self-fulfilling prophecies of ageing can occur. If agents expect a low life expectancy they invest less in education, thus generating low human capital and longevity. As a result, policies that affect longevity expectations may be welfare-improving.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Giam Pietro Cipriani, Miltiadis Makris,