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Inequalities in Lifespans before and after Retirement: Trailblazing Demographic Theory and Analysis

Project description

New perspectives on lifespan inequalities at older ages

Although life expectancy is often used to summarise life length, the mean doesn’t capture the spread. Lifespan distribution research is important for evaluating pension reforms and related policies. However, there has been little demographic modelling on inequalities at older ages in individual lifespans. The EU-funded Unequal Lifespans project aims to shift the way we think about retirement to include individual lifespan inequalities. It also intends to develop the demographic theory of old-age mortality and test the hypothesis that significant progress is being made in cutting death rates after the age of 90. Furthermore, it will develop an innovative theory-based forecasting method based on eight strong regularities of mortality trajectories at older ages. This work will guide further research on lifespans at older ages.

Objective

How unequal are lifespans at older ages? How unequal will they be in the future? The length of life is often summarized by life expectancy, but the mean does not capture the spread. Distributions of lifespans need to be analyzed and forecast. Given the relevance of such research—for assessing pension reforms and other social and health policies—it is remarkable how little demographic modeling has been devoted to inequalities at older ages in individual lifespans. The research proposed here has three audacious ambitions and bold theoretical thrusts: (1) broaden discourse and conceptually shift thinking about retirement to include individual lifespan inequalities, (2) developing the demographic theory of old-age mortality, test the hypothesis that substantial progress is being made in cutting death rates after age 90, and (3) develop an innovative theory-based forecasting method based on 8 strong regularities of mortality trajectories at older ages that goes well beyond the state of the art to predict lifespan distributions (and inequalities)—and to quantify the uncertainties in these predictions. Preliminary research, mostly on Denmark but also some on Sweden, France and Japan, to prepare this application produced findings that surprised me. The probability of dying after age 50 but before retirement age was higher than I suspected. The likely growth in the number of people above age 90 astonished me. Rates of improvement in mortality after age 100 in France and Japan were much greater than published estimates for Denmark or Sweden. Current forecasting methods appear inadequate to capture likely reductions in death rates at the ages when most people die. These preliminary findings suggest that the daring theory-based, theory-building program of analysis of 40+ countries/regions proposed here will open new perspectives for research on lifespans at older ages as well as providing novel, highly-relevant input to discussions of the challenges of raising retirement ages.

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Topic(s)

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Funding Scheme

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ERC-ADG - Advanced Grant

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Call for proposal

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(opens in new window) ERC-2019-ADG

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Host institution

SYDDANSK UNIVERSITET
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 689 012,50
Address
CAMPUSVEJ 55
5230 Odense M
Denmark

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Region
Danmark Syddanmark Fyn
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 689 012,50

Beneficiaries (1)

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