Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171637
Authors: 
Bommier, Antoine
Year of Publication: 
2014
Series/Report no.: 
Economics Working Paper Series 14/194
Abstract: 
The paper discusses the impact of longevity extension on aggregate wealth accumulation, accounting for changes in individual behaviors as well as changes in population age structure. It departs from the stan- dard literature by adopting risk-sensitive preferences. Human impatience is then closely related to mortality rates and aggregate wealth accumula- tion appears to be much more sensitive to demographic factors than usually found. Illustrations are provided using historical mortality data from dif- ferent countries.
Subjects: 
longevity
life-cycle savings
wealth accumulation
risk-sensitive preferences
risk aversion
JEL: 
J1
E21
D91
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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