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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.

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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

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ABÍO, Gemma, et al. The welfare state and demographic dividends. Demographic Research. 2017. Vol. 36, num. 48, pags. 1453-1490. ISSN 1435-9871. [consulted: 7 of June of 2026]. Available at: https://hdl.handle.net/2445/111098

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