Article ID Journal Published Year Pages File Type
957821 The Journal of the Economics of Ageing 2016 17 Pages PDF
Abstract
These new estimates are then used in a more comprehensive model that incorporates both human and physical capital. The analysis provides estimates of the first and second demographic dividends and how they are affected by speed of fertility decline. The timing of the effects is documented and the relative importance of investment in physical and human capital is assessed. This improves our understanding of the economic implications of the demographic dividend and particularly the “second demographic dividend”.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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