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Article

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Published version

Publication date

2017-05

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cc-by-nc (c) Abío, Gemma et al., 2017
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/111098

The welfare state and demographic dividends

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https://doi.org/10.4054/DemRes.2017.36.48

Abstract

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.

Subject

Estat del benestar, Envelliment de la població

Subject (English)

Welfare state, Population aging

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Articles publicats en revistes (Economia)
Publicacions de projectes de recerca finançats per la UE

Citation

ABÍO, Gemma, et al. The welfare state and demographic dividends. Demographic Research. 2017. Vol. 36, num. 48, pags. 1453-1490. ISSN 1435-9871. [consulted: 18 of August of 2026]. Available at: https://hdl.handle.net/2445/111098

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