| id |
aee2b3f9-2979-469f-830e-ed0dded805a0 |
| user_id |
8684964a-bab1-4235-93a8-5fd5e24a1d0a |
| job_id |
lxwwrqjd-9752 |
| base_model_name |
xevyo |
| base_model_path |
/home/sid/tuning/finetune/backend/output/xevyo-bas /home/sid/tuning/finetune/backend/output/xevyo-base-v1/merged_fp16_hf... |
| model_name |
longevity and public |
| model_desc |
longevity, working lives
and public finances |
| model_path |
/home/sid/tuning/finetune/backend/output/lxwwrqjd- /home/sid/tuning/finetune/backend/output/lxwwrqjd-9752/merged_fp16_hf... |
| source_model_name |
xevyo |
| source_model_path |
/home/sid/tuning/finetune/backend/output/xevyo-bas /home/sid/tuning/finetune/backend/output/xevyo-base-v1/merged_fp16_hf... |
| source_job_id |
xevyo-base-v1 |
| dataset_desc |
This paper (ETLA Working Papers No. 24, 2014) anal This paper (ETLA Working Papers No. 24, 2014) analyses how increasing longevity affects public finances in Finland, focusing on the interaction between longer lifetimes, working careers, and health- and long-term-care expenditure. Written by Jukka Lassila and Tarmo Valkonen, it combines a review of economic research with simulations using a numerical overlapping-generations (OLG) model calibrated to Finnish demographics and economic structures.
The authors examine three key channels:
Longevity & demographics – Longer life expectancy increases the share of the elderly population and particularly the number of people aged 80+, intensifying long-term care demand. Stochastic mortality projections demonstrate wide uncertainty in future longevity trends.
Longevity & working lives – Evidence suggests that healthier, longer lives could support longer work careers, but this will not occur automatically. Without policy reforms, working lives extend only modestly. Linking retirement age to life expectancy, tightening disability pathways, and reforming pension eligibility can significantly lengthen careers.
Longevity & health/care expenditure – The paper highlights that a substantial portion of healthcare and long-term care costs occur near death rather than being linearly age-related. This reduces the inevitability of cost increases from ageing alone: proximity-to-death modelling shows lower expenditure pressure compared with naïve, age-only models.
Using 500 stochastic population scenarios, the authors simulate long-term fiscal sustainability under varying assumptions about longevity, retirement behaviour, and healthcare cost dynamics. Key findings include:
If working lives do not lengthen, rising longevity substantially worsens public finances.
Under current rules, improvements in health and moderate policy support produce some automatic correction.
Linking retirement age to life expectancy largely neutralizes the fiscal impact of longer lifetimes.
Modelling care costs with proximity-to-death dramatically improves fiscal forecasts compared to simple age-related projections.
Conclusion
Longer lifetimes need not undermine fiscal sustainability—if policies ensure that healthier, longer lives translate into longer working careers and if health-care systems account for the true drivers of costs. With appropriate reforms, generations that live longer can also finance the additional costs generated by their longevity.... |
| dataset_meta |
{"num_examples": 146, "bad_lines": {"num_examples": 146, "bad_lines": 0}... |
| dataset_path |
/home/sid/tuning/finetune/backend/output/lxwwrqjd- /home/sid/tuning/finetune/backend/output/lxwwrqjd-9752/data/lxwwrqjd-9752.json... |
| training_output |
null |
| status |
completed |
| created_at |
1764361533 |
| updated_at |
1764361767 |
| source_adapter_path |
NULL |
| adapter_path |
/home/sid/tuning/finetune/backend/output/lxwwrqjd- /home/sid/tuning/finetune/backend/output/lxwwrqjd-9752/adapter... |
| plugged_in |
False |