The Twenty-First Century "Dependency Ratio"-Older People vs. Older Workers

It is apparent that whatever dependency ratios might really mean for the economy and individuals, simple demographic population ratios are not the appropriate measures. Not everyone of working age is economically productive, nor is everyone over 65 economically dependent. We must consider it a ficti...

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Bibliographic Details
Published in:Journal of financial service professionals 2013-11, Vol.67 (6), p.19
Main Author: Cutler, Neal E
Format: Article
Language:English
Subjects:
Baby boomers
Demographics
Labor force
Older workers
Online Access:Get full text
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Summary:It is apparent that whatever dependency ratios might really mean for the economy and individuals, simple demographic population ratios are not the appropriate measures. Not everyone of working age is economically productive, nor is everyone over 65 economically dependent. We must consider it a fiction that older age and dependency are synonymous. [PUBLICATION ABSTRACT]
ISSN:1537-1816
2381-8875