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The Measure of Population Aging in Different Welfare Regimes: A Bayesian Dynamic Modeling Approach.

Roberta Paroli1, Guido Consonni1, Alessandro Rosina1

  • 1Department of Statistical Science, Università Cattolica del Sacro Cuore, Milan, Italy.

European Journal of Population = Revue Europeenne De Demographie
|April 8, 2020
PubMed
Summary

This study introduces endogenous age cutoffs, determined by a country's age distribution, to better define aging stages. This approach offers a dynamic alternative to fixed thresholds, improving policy relevance and understanding of population aging.

Keywords:
Age cutoffAging indicatorBayesian hierarchical dynamic modelKullback–Leibler divergenceLongevityWelfare regime

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Area of Science:

  • Demography
  • Gerontology
  • Sociology

Background:

  • Defining age thresholds for life stages (e.g., elderly) is crucial for policy and public opinion.
  • Fixed age cutoffs are conventional and fail to account for evolving life expectancy and age structures.
  • Endogenous age cutoffs, relative to a population's age distribution, offer a more adaptable and relevant approach.

Purpose of the Study:

  • To establish a relationship between welfare regimes and age distribution/aging processes.
  • To identify country clusters based on distinct welfare models and aging patterns.
  • To develop a Bayesian hierarchical dynamic model for estimating endogenous age cutoffs.

Main Methods:

  • Analysis of country welfare regimes and their correlation with age distribution characteristics.
  • Identification of country clusters representing distinct welfare and aging models.
  • Application of a Bayesian hierarchical dynamic model to estimate time-varying, country-specific endogenous age cutoffs.

Main Results:

  • Identified four distinct clusters of countries based on welfare regimes and aging patterns.
  • Provided model-based, country-specific estimates of endogenous age cutoffs.
  • Generated novel cluster-specific estimates, enhancing the generalizability of findings.

Conclusions:

  • Endogenous age cutoffs provide a more accurate and dynamic measure of aging stages compared to fixed thresholds.
  • Welfare regimes are significantly associated with national age distributions and aging processes.
  • The developed Bayesian model effectively estimates endogenous age cutoffs and their variations across countries and clusters.