An International Look at Longevity

The concern about longevity and the impact on the population is felt around the world. RIIA®’s connection to international thought-leaders provides us with a look at how this field of research is developing in other countries. In this instance – New Zealand.

The Retirement Policy and Research Centre, in the Centre for Applied Research in Economics (CARE), Department of Economics, at the University of Auckland Business School, is an affiliate member of RIIA. The Centre presents regular seminars and conferences on topics of impact to retirement and public policy. On October 21, they considered the policy implications for societies witnessing a steady increase in longevity.

Their speaker, Professor Pierre Pestieau, University of Liege, CORE, TSE and CESifo, discussed how demographic evolution is accompanied by some convergence across countries, whereas substantial longevity inequalities persist within nations.

He surveyed crucial implications of changing longevity on the design of optimal public policy. His first focus was on difficulties raised by risky and varying lifetime for the representation of individual and social preferences. Then, he will explored central implications of changing longevity for optimal policy making, regarding prevention against premature death, pension policies, and long-term care.

Professor Pestieau holds a BA and MA degree in Economics from the University of Louvain and a PhD from Yale. He has forty years of experience teaching and conducting research in public economics and population economics first at Cornell and then at Belgium’s University of Liege, where he is Professor Emeritus, a member of CORE, Louvain-la-Neuve and associate member of PSE, Paris. He is also IZA and CESIfo Fellow.

He is currently associate editor of Finanzarchiv, Public Economic Theory and CESIfo Economic Studies. Professor Pestieau’s major interests are pension economics, social insurance, inheritance taxation, redistributive policies and tax competition. His articles have been published in such leading journals as Econometrica, the Journal of Economic Theory, Economica, the Journal of Public Economics, the Journal of Population Economics and the Scandinavian Journal of Economics. He has also published a number of books on the welfare state, public enterprises and tax evasion.

Interested? Professor Pestieau’s presentation and his paper are available here.

For more information please email Dr. M. Claire Dale, Research Fellow, Retirement Policy and Research Centre at [email protected]

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