Life Expectancy, Labor Supply, and Long-Run Growth: Reconciling Theory and Evidence

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

www.econstor.eu Life Expectancy, Labor Supply, and Long-Run Growth: Reconciling Theory and Evidence

We set up a three-period overlapping generation model in which young individuals allocate their time to schooling and work, healthy middle aged individuals allocate their time to leisure and work and their income to consumption and savings for retirement, and old age individuals live off their savings. The three period setup allows us to distinguish between longevity and active life expectancy ...

متن کامل

Life Expectancy, Labor Supply, and Long-Run Growth: Reconciling Theory and Evidence

We set up a three-period overlapping generation model in which young individuals allocate their time to schooling and work, healthy middle aged individuals allocate their time to leisure and work and their income to consumption and savings for retirement, and old age individuals live off their savings. The three period setup allows us to distinguish between longevity and active life expectancy ...

متن کامل

Life Expectancy , Schooling , and Lifetime Labor Supply : Theory and

Life Expectancy, Schooling, and Lifetime Labor Supply: Theory and Evidence Revisited This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a sufficient, condit...

متن کامل

Is the Long-Run Labor Supply Vertical?

Growth theory and real-business-cycle theory virtually always assume that the long-run labor supply is vertical. This paper derives the restriction on preferences required for this assumption to hold and formulates an econometric method for testing this restriction. The restriction is then rejected using time-series data for the United States and many OECD countries. Some evidence against the r...

متن کامل

Computer Technology , Human Labor , and Long - Run Economic Growth Stuart

Over the coming century, computer technology is likely to become capable of reproducing many of the skills now performed by human labor. This paper describes three models of the aggregate economic changes that occur when capital becomes capable of performing human work skills. The basic model, with a single sector and homogeneous labor, projects output growth rates over the next few decades tha...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2012

ISSN: 1556-5068

DOI: 10.2139/ssrn.2148605