Tag Archives: bayesian statistical approach

Model Shows Dramatic Global Decline in Ratio of Workers to Retired People

A new statistical model predicts that by 2100 the number of people older than 85 worldwide will increase more than previously estimated, and there will be fewer working-age adults to support them than previously expected.

The findings, reported by researchers at the University of Washington and the United Nations, suggest an even greater decrease in the coming decades in support for social security programs for elderly adults.

Lead author Adrian Raftery, UW professor of statistics and sociology, was surprised by how dramatically the proportion of the world’s “oldest old” will increase by the end of the century. (more…)

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