Andrew Scott (economist)
Andrew Scott is a British economist known for his work on macroeconomics, particularly focusing on longevity, demographics, and their impact on economic growth, productivity, and financial markets. He is a Professor of Economics at London Business School and a Research Fellow at the Centre for Economic Policy Research (CEPR).
Scott's research explores the implications of increasing life expectancy for individuals, businesses, and governments. He examines how longer lives affect retirement planning, savings behavior, investment strategies, and labor market participation. He also studies the macroeconomic consequences of an aging population, including the challenges of funding pensions and healthcare, and the potential for boosting productivity through later retirement and lifelong learning.
His work often emphasizes the need for individuals and societies to adapt to the realities of longer lifespans, advocating for changes in policies and institutions to support a longer working life and ensure financial security in retirement. He is a frequent commentator on economic issues in the media and consults with governments and organizations on policy related to aging and the economy.
Notable publications include "The 100-Year Life: Living and Working in an Age of Longevity," co-authored with Lynda Gratton, which examines the challenges and opportunities of living to 100 and the need for individuals to adapt their skills, finances, and relationships to thrive in a multi-stage life. Other significant research focuses on the impact of fiscal policy, inflation, and monetary policy on long-run economic outcomes.