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  "documentTitle": "PwC Golden Age index Unlocking a potential $3.5 trillion prize from longer working lives",
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  "notes": "The slide uses a decomposition framework to break down GDP by age and employment type (full-time vs part-time).",
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      "text": "We took Sweden as a benchmark country as it is the best performing in the EU (and one of the best in the OECD) and calculated the impact on GDP if countries raised their 55-64 and 65+ employment rates to Swedish levels.",
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      "text": "GDP = 15-54 FT * GDP per FT worker + 15-54 PT * GDP per PT worker + 55-64 FT * GDP per FT worker + 55-64 PT * GDP per PT worker + 65+ FT * GDP per FT worker + 65+ PT * GDP per PT worker",
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      "text": "Key assumptions: Total employment in the economy is equal to the employment of 15 year olds and above. A full-time (FT) worker is twice as productive on average as a part-time (PT) worker. We took Sweden as a benchmark country...",
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      "text": "Data: Employment data by age and FT/PT split is sourced from the OECD. Due to data constraints for some countries... For Korea, the OECD did not provide data based on a national definition...",
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      "text": "How did we calculate the potential long-term GDP increase?",
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