Life expectancy, schooling time, retirement, and growth

被引：13
|
作者：
Echevarría, CA [1 ]
机构：
[1] Univ Basque Country, Bilbao 48105, Spain
来源：
ECONOMIC INQUIRY | 2004年 / 42卷 / 04期
关键词：
D O I：
10.1093/ei/cbh084
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
I analyze how changes in life expectancy affect retirement age, education time, and growth rates of economies. I set up a continuous time, overlapping generations model of endogenous growth with externalities in human capital production. I find that increases in life expectancy give rise to first, higher retirement ages and second, higher education spans. A threshold level for life expectancy exists such that per capita growth rates follow an inverted U pattern.
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页码：602 / 617
页数：16
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