Human Capital Growth and Destruction

Peter Alders

No 97-128/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: This paper investigates the effect of exogenous fertility shocks on physical- and human capital accumulation in an OLG-framework. Negative shocks in fertility cause a relative scarcity in the future labor market and stimulate human capital accumulation. Adults can spend time for education of their children in their first period of adulthood or alternatively use their time for working, thereby increasing their human capital by learning-by-doing. The second period human capital level declines however when technical change is high.

Keywords: aging; endogenous growth; human capital.
(search for similar items in EconPapers)
JEL-codes: J10 J21 J24 O40 (search for similar items in EconPapers)
Date: 1997-12-09

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:dgr:uvatin:19970128

Access Statistics for this paper

More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute
Series data maintained by Walther Schoonenberg ().