Human Capital and Economic Growth

This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.

Highlights the independent causal effects by which human capital accumulation has the potential to affect economic growth Explains how fertility choices, education investments, and health investments determine the human capital stock Examines human capital decisions and their relations with wage inequality, the environment and recent demographic trends

Autorentext

Alberto Bucci is Professor of Advanced Macroeconomics and Growth Theory at the University of Milan, Italy.

K**laus Prettner** is Professor of Economics at the University of Hohenheim, Germany.

Alexia Prskawetz is Professor of Mathematical Economics at the Vienna University of Technology, Austria.

Inhalt

Part I Human Capital in the Form of Education, Demographic Change, and Their Economic Implications.- Chapter 1: The Non-linearity in the Relationship Between Human Capital and Growth; **Alessandra Pelloni, Thanasis Stengos, and Fabrizio Valenti.- Chapter 2: Optimal Life-Cycle Education Decisions of Atomistic Individuals;Bernhard Skritek, Jesus Crespo Cuaresma, Arkadii V. Kryazhimskii, Klaus Prettner, Alexia Prskawetz,and Elena Rovenskayaa.- Chapter 3: Childlessness and Economic Development: A Survey; **Thomas Baudin, David de la Croix, and Paula E. Gobbi.- Chapter 4: Demographic Change, Wage Inequality, and Technology; Demographic Change, Wage Inequality, and Technology; Oscar Afonso, Pedro Mazeda Gil, Pedro Cunha Neves, and Tiago Neves Sequeira.- Chapter 5: The Demographic Metabolism Model of Human Capital Formation; Erich Striessnig.- Part II: Part II Human Capitalin the Form of Health, Its Economic Implications, and the Economic Policies for a Healthier World.- Chapter 6: Health and Income: Theory and Evidence for OECD Countries; Alberto Bucci, Lorenzo Carbonari, and Giovanni Trovato.- Chapter 7: Health Spending, Education and Endogenous Demographics in an OLG Model; Giam Pietro Cipriani and Tamara Fioroni.- Chapter 8:Health and Knowledge Externalities: Implications for Growth and Public Policy; Pierre-Richard Agénor.- Chapter 9: Population and the Environment: The Role of Fertility, Education and Life Expectancy; **Fabio Mariani, Agustín Pérez-Barahona, and Natacha Raffin.- Chapter 10: HIV/AIDS,Demography andDevelopment: Individual Choices Versus Public Policies in SSA; Luca Gori, Piero Manfredi,** Mauro Sodini.