We study how economic growth is affected by demographics in an OLG model with a
realistic survival law. Individuals optimally chose the dates at which they leave school to …

This paper develops an overlapping-generations (OLG) model to analyze the consequences
of demographic structure changes induced by an exogenous shift in the birth rate. We first …

We consider an overlapping generations model with uncertain lifetime and endogenous
growth. Individuals have to choose the length of time devoted to schooling before starting to …

We provide a unified theory of the transition in income, life expectancy, education, and
population size from a nondeveloped environment to sustained growth. Individuals optimally …

We propose a new theory of the demographic transition based on the evidence from natural
sciences that physical development during childhood affects adult life expectancy positively …

We investigate the consequences of population aging for long-run economic growth
perspectives. Our framework incorporates endogenous growth models and semi …

We examine the role of increased life expectancy in raising human capital investment during
the process of economic growth. We develop a continuous time, overlapping generations …

Do low fertility and population aging lead to economic decline if couples have fewer
children, but invest more in each child? By addressing this question, this article extends …

This paper investigates the relationship between life expectancy and economic growth in an
overlapping generations model with family altruism where private and public investments in …

We analyze the short and long-run effects of demographic ageing–increased longevity and
reduced fertility–on per-capita growth. The OLG model captures direct effects, working …