Demographic dividends, human capital, and saving
نویسندگان
چکیده
منابع مشابه
Ageing, Human Capital and Demographic Dividends with Endogenous Growth, Labor Supply and Foreign Capital
We modify a Lucas-type endogenous growth model to contain endogenous labour supply, imperfect international capital movements, and estimated interest and education time functions. Solutions based on realistic calibrations show that (i) the rate of human capital depreciation through ageing has a much stronger negative impact on growth than further changes in the population growth rate or the Fri...
متن کاملHuman Capital Demographic Transition and Economic Growth
This paper extends the literature on economic growth and demographic change by developing a neo-classical model of endogenous growth in which both economic and demographic outcomes are jointly determined. The key point in this model is the endogenisation of child mortality rate by linking it to parents’ human capital, defined in a broad sense to include both education and health. The numerical ...
متن کاملEast Asian Economic Development: Two Demographic Dividends.
The important of the demographic dividend to East Asian economic growth is now widely recognized. During the last four decades of the 20 Century the working age populations grew much more rapidly than the dependent populations fueling growth in per capita income. Over the coming decades, however, demographic change is seemingly unfavorable. In the coming decades the working-age populations of m...
متن کاملControl of Dividends, Capital Subscriptions, and Physical Inventories
Manufacturers are faced with the financial and physical task of managing interrelated flows of material and cash. Material needs capital, and the sale of finished goods contributes to cash reserves. We present and study a dynamic model of managerial decisions in a manufacturing firm in which inventory and financial decisions interact and are coordinated in the presence of demand uncertainty, fi...
متن کاملFertility, Human Capital, and Economic Growth over the Demographic Transition
Do low fertility and population aging lead to economic decline if couples have fewer children, but invest more in each child? By addressing this question, this article extends previous work in which the authors show that population aging leads to an increased demand for wealth that can, under some conditions, lead to increased capital per worker and higher per capita consumption. This article i...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Journal of the Economics of Ageing
سال: 2016
ISSN: 2212-828X
DOI: 10.1016/j.jeoa.2016.02.004