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Dokumenttyp:
Journal of Population Economics 
Autor(en):
Alexander Ludwig, Edgar Vogel 
Titel:
Mortality, Fertility, Education and Capital Accumulation in a Simple OLG Economy 
Abstract:
We develop a simple overlapping generations model to analytically show that population aging leads to increased educational efforts through a general equilibrium effect. The key mechanism at work in the model is that scarcity of raw labor increases the rate of return to human capital relative to physical capital. While a reduction in the birth rate is shown to unambiguously increase educational efforts, increases in the survival rate have ambiguous effects. Falling birth rates unambiguously incr...    »
 
Stichworte:
Arbeitspapier/Diskussionspapier 
Jahr:
2009