Measuring Dependency Ratios using National Transfer Accounts. CEPS Working Document No. 420/April 2016

It is now widely recognised that the socio-economic changes that ageing societies will bring about are poorly captured by the traditional demographic dependency ratios (DDRs), such as the old-age dependency ratio that relates the number of people aged 65+ to the working-age population. Future older generations will have increasingly better health and are likely to work longer. By combining population projections and National Transfer Accounts (NTA) data for seven European countries, we project the quantitative impact of ageing on public finances until 2040 and compare it to projected DDRs. We then simulate the public finance impact of changes in three key indicators related to the policy responses to population ageing: net immigration, healthy ageing and longer working lives. We do this by linking age-specific public health transfers and labour market participation rates to changes in mortality. Four main findings emerge: first, the simple old-age dependency ratio overestimates the future public finance challenges faced by the countries studied – significantly so for some countries, e.g. Austria, Finland and Hungary. Second, healthy ageing has a modest effect (on public finances) except in the case of Sweden, where it is substantial. Third, the long-run effect of immigration is well captured by the simple DDR measure if immigrants are similar to the native population. Finally, increasing the length of working lives is central to addressing the public finance challenge of ageing. Extending the length of working lives by three to four years over the next 25 years – equivalent to the increase in life expectancy – severely limits the impact of ageing on public transfers.

Bioethical perspectives for ageing: the documents produced by the Ethics Councils

Aging attracted keen interest in research, health, education as well as cross-sectors approaches. We researched what has been produced by the National Bioethics/Ethics Councils in the form of opinions or other documents, relating to aging and elderly people. In the websi-tes of the 28 EU councils and 12 other countries, we identified 4 documents relating to aging and 8 opinions, which we analyse. The Councils have proposed to draw the attention and reflection of public opinion to the elderly condition; all agree that the age has its own traits and that matters revert to a “culture of old age”, respect and promotion of a positive aging. Enhance the diversity of modes of aging and the importance of preparing all, promoting literacy for aging, creating social and legal protective elements (Elderly Statute, Observatory of the Elderly Conditions). From the analysis, a set of principles and bioethical elements: [1] respect for human dignity, regardless of the stage of life; [2] recognition of the person’s situation uniqueness to aging; [3] freedom of one’s own decision, which is materialized in respect for autonomy; [4] recognition of the vulnerabilities of the elderly, [5] ethical commitment and social responsibility in monitoring the elderly, [6] non-discrimination by age and [7] the guidance to the conditions of the integral good and quality of life. Aging is an existential step for which we can prepare, on the assumption that human life in its longevity, interweaves those who are older and those younger, on the crucial issue of human existence.

The Hispanic population : a demographic and issue profile : hearings before the Subcommittee on Census and Population of the Committee on Post Office and Civil Service, House of Representatives, Ninety-eighth Congress, first session, September 13, 14, 15, 1983.

"Serial no. 98-10."

Economic, social, and demographic characteristics of Spanish-American wage workers on U.S. farms /

Cover title.

Immigration literature : abstracts of demographic, economic, and policy studies /

Mode of access: Internet.

The National Institute on Aging macroeconomic-demographic model.

Mode of access: Internet.

Geographic, demographic and ethnic background on Laos /

Mode of access: Internet.

Rail-highway crossing safety fatal crash and demographic descriptors.

National Highway Traffic Safety Administration, Office of Research and Development, Washington, D.C.

Demographic special reports: based on data from 1990 Nationwide Personal Transportation Survey (NPTS).

Federal Highway Administration, Washington, D.C.

A Mortality study of 1.3 million persons by demographic, social and economic factors : 1979-1985 follow-up : U.S. National Longitudinal Mortality Study /

Chiefly tables.

National demographic survey 1993 /

At head of title: Republic of the Philippines.

Statistical tables, demographic and psychiatric characteristics of patients of outpatient psychiatric clinics in the United States.

Cover title: Outpatient psychiatric clinics, special statistical report, 1961.

Analyses of demographic, attitudinal and behavioral characteristics of participants in the diagnostic inspection demonstration projects. Volume I - consumer responses in group comparisons.

National Highway Traffic Safety Administration, Washington, D.C.

Analyses of demographic, attitudinal and behavioral characteristics of participants in the diagnostic inspection demonstration projects. Volume III - perceptions of repair industry and Auto/SEE staff personnel.

National Highway Traffic Safety Administration, Washington, D.C.