Increasing life expectancy and a lower birth-rate means the world’s population is aging rapidly. The demographic shift in the ratio between old-age and work-age means new policies to provide for the retired need to be considered. But what policies and changes will have the best outcome for what countries? Professor Johanna Wallenius talks about her research on retirement policies using dynamic structural life models that allow researchers to simulate the effects of, for instance, raising the retirement age.
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