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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13834 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13834 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/13834 archive 351 disk0/00/01/16/73 2016-01-15 08:54:17 2021-08-27 17:25:31 2016-01-15 08:54:17 monograph show 2 Aktas A. Sanderson W.C. 1631 A forward looking age based on longevity expectations pub iis_pop prog_pop prog_ysp Many personal decisions are shaped by people's expectations of the future, but these expectations are rarely included in the study of those decisions. Often, studies that analyze these forward-looking decisions use chronological age, an inherently backward-looking measure, as a proxy for those expectations. In this paper, we use a two part methodology to compute a forward-looking age which is based on data of longevity expectations collected in the Health and Retirement Study (HRS). In the first part, we propose a method to translate those expectations into life tables. In the second part, those life tables are used to produce forward-looking ages that can be used in the study of forward-looking decisions. We find that education has a great effect on subjective life expectancy, therefore on forward-looking age. Also, we observe that at any given education level, the forward-looking age of the younger cohort is always greater than or equal to the forward-looking age of the older cohort. Finally, the difference between forward-looking age chronological age is increasing as individuals get older, but the speed of this change varies depending on education level, cohort and health-related conditions. 2015-10 published IR-15-016 IR-15-016 265 public interim_report IIASA, Laxenburg, Austria 32 Reassessing Ageing from a Population Perspective (RE-AGEING, FP7 323947) FALSE yes info:eu-repo/grantAgreement/EC/FP7/323947/EU/Reassessing Ageing from a Population Perspective/RE-AGEING info:eu-repo/semantics/book info:eu-repo/semantics/openAccess