The welfare state and demographic dividends

The demographic transition experienced by developed countries produces initial positive effects on economic growth ‒ the first demographic dividend ‒ which can be extended into a second demographic dividend if baby boomers' savings increase capital accumulation. Nevertheless, aging might revers...

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Detalles Bibliográficos
Autores: Abío, Gemma, Patxot, Concepció, Sánchez-Romero, Miguel, Souto Nieves, Guadalupe
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2017
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/111098
Acceso en línea:https://hdl.handle.net/2445/111098
Access Level:acceso abierto
Palabra clave:Estat del benestar
Envelliment de la població
Welfare state
Population aging
Descripción
Sumario:The demographic transition experienced by developed countries produces initial positive effects on economic growth ‒ the first demographic dividend ‒ which can be extended into a second demographic dividend if baby boomers' savings increase capital accumulation. Nevertheless, aging might reverse this process if dissaving of elderly baby boomers and the pressure on the pay-as-you-go financed welfare state reduce savings and capital.