Rising longevity, education, savings, and growth

Journal of Development Economics

Volumn 70, Issue 1, 2003, Pages 83-101

  Zhang, Jie ^a,b   Zhang, Junsen ^c   Lee, Ronald ^d  

^a UNIVERSITY OF QUEENSLAND   (Australia)

^b VICTORIA UNIVERSITY OF WELLINGTON   (New Zealand)

^c CHINESE UNIVERSITY OF HONG KONG   (Hong Kong)

^d UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

Education; Growth; Longevity; Savings

Indexed keywords

EDUCATION; GROWTH DETERMINATION; LONGEVITY; MORTALITY; SAVINGS; THEORETICAL STUDY;

EID: 0037326542     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3878(02)00088-3     Document Type: Article

References (33)

1. Abel, A., 1985. Precautionary savings and accidental bequests. American Economic Review 75, 777-791.
2. Abel, A., 1986. Capital accumulation and uncertain lifetimes with adverse selection. Econometrica 54, 1079-1097.
3. Abel, A., 1989. Birth, death and taxes. Journal of Public Economics 39, 1-15.
4. Altonji, J.G., Dunn, T.A., 1996. Using siblings to estimate the effects of school quality on wages. Review of Economics and Statistics 78, 665-671.
5. Altonji, J.G., Hayashi, F., Kotlikoff, L.J., 1997. Parental altruism and inter vivos transfers: theory and evidence. Journal of Political Economy 105, 1121-1166.
6. Auerbach, A.J., Kotlikoff, L.J., 1992. The impact of the demographic transition on capital formation. Scandinavian Journal of Economics 94, 281-295.
7. Barro, R.J., Sala-i-Martin, X., 1995. Economic Growth. McGraw-Hill, New York.
8. Barro, R.J., Wolf, H., 1989. Data Appendix for Economic Growth in a Cross Section of Countries.
9. Blomstrom, M., Lipsey, R.E., Zejan, M., 1996. Is fixed investment the key to economic growth?. Quarterly Journal of Economics 111, 269-276.
10. Cutler, D.M., Elmendorf, D.W., Zeckhauser, R.J., 1993. Demographic characteristics and the public bundle. Public Finance 48, S178-S198.
11. DeLong, J.B., Summers, L.H., 1991. Equipment investment and economic growth. Quarterly Journal of Economics 106, 445-502.
12. Ehrlich, I., Lui, F.T., 1991. Intergenerational trade, longevity, and economic growth. Journal of Political Economy 99, 1029-1060.
13. Feldstein, M., 1990. Imperfect annuity markets, unintended bequests, and the optimal age structure of social security benefits. Journal of Public Economics 41, 31-34.
14. Glomm, G., Ravikumar, B., 1992. Public versus private investment in human capital: endogenous growth and income inequality. Journal of Political Economy 100, 818-834.
15. Huggett, M., 1996. Wealth distribution in life-cycle economies. Journal of Monetary Economics 38, 469-494.
16. Hurd, M.D., 1997. The economics of individual aging. In: Rosenzweig, M. Stark, O. (Eds.), Handbook of Population and Family Economics, vol. 1B. North-Holland, Amsterdam, pp. 891-966.
17. Kelley, A., Schmidt, R., 1995. Aggregate population and economic growth correlations: the role of the components of demographic change. Demography 32, 543-555.
18. Kotlikoff, L.J., Summers, L.H., 1981. The role of intergenerational transfers in aggregate capital accumulation. Journal of Political Economy 89, 706-732.
19. Lee, R., 1994. The formal demography of population aging, transfers, and the economic life cycle. In: Martin, L., Preston, S. (Eds.), The Demography of Aging, National Academy Press, Washington, DC, pp. 8-49.
20. Levine, R., Renelt, D., 1992. A sensitivity analysis of cross-country growth regressions. American Economic Review 82, 942-963.
21. Lucas, R.E., 1988. On the mechanics of economic development. Journal of Monetary Economics 22, 3-42.
22. Maddison, A. 1991. Dynamic Forces in Capitalist Development. Oxford Univ. Press, Oxford.
23. Maddison, A., 1992. A long-run perspective on savings. Scandinavian Journal of Economics 94, 181-196.
24. Mankiw, N.G., Romer, D., Weil, D.N., 1992. A contribution to the empirics of economic growth. Quarterly Journal of Economics 107, 407-437.
25. Meltzer, D., 1992. Mortality decline, the demographic transition, and economic growth. PhD Dissertation, University of Chicago.
26. Poterba, J.M., 1997. Demographic structure and the political economy of public education. Journal of Policy Analysis and Management 16, 48-66.
27. Preston, S.H. 1987. Children and the elderly: divergent paths for America's dependents. In: Menard, S., Moen, E.W. (Eds.), Perspectives on Population: An Introduction to Concepts and Issues, Oxford Univ. Press, Oxford, pp. 377-394.
28. Preston, S.H., 1998. Causes and consequences of mortality declines in less developed countries during the twentieth century. In: Schultz, T.P. (Ed.), Economic Demography, vol. 1. Elgar, Northampton, MA, pp. 137-189.
29. Romer, P.M., 1986. Increasing returns and long-run growth. Journal of Political Economy 94, 1002-1037.
30. The US Department of Education, 1989. Digest of Education Statistics.
31. Wise, D.A., 1997. Retirement against the demographic trend: more older people living longer, working less, and saving less. Demography 34, 83-95.
32. Yaari, M.E., 1965. Uncertain lifetime, life insurance, and the theory of the consumer. Review of Economic Studies 32, 137-150.
33. Zhang, J., Zhang, J., Lee, R., 2001. Mortality decline and long-run economic growth. Journal of Public Economics 80, 485-507.