Global Demographic Change: Dimensions and Economic Significance
Глобальные демографические изменения: масштабы и экономическое значение
2004-10-01
SCID: 54.1/vtcuahxc
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baby boom cohortsdemographic transitionglobal demographic changelongevityretirement saving
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Abstract (AI)
Transitions from high mortality and fertility to low mortality and fertility can be beneficial to economies as large baby boom cohorts enter the workforce and save for retirement, while rising longevity has perhaps increased both the incentive to invest in education and to save for retirement.
Key Findings
1
Baby-boom cohorts may support economic growth by increasing labor supply and saving for retirement.
2
Rising longevity may also increase saving for retirement.
3
Rising longevity may strengthen incentives for individuals to invest in education.
4
The transition from high to low mortality and fertility can generate economic benefits through large baby-boom cohorts entering the workforce.
Research Object
global demographic change, specifically the transition from high to low mortality and fertility and rising longevity
Research Subject
the economic significance of demographic transitions, including effects on workforce entry, retirement saving, education investment, and retirement incentives
Publication Details
Publication Date
2004-10-01
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