Juhn, Chinhui; Kalemli-Ozcan, Sebnem; Turan, Belgi - Institute for the Study of Labor (IZA) - 2009
The historical pattern of the demographic transition suggests that fertility declines follow mortality declines, followed by a rise in human capital accumulation and economic growth. The HIV/AIDS epidemic threatens to reverse this path. A recent paper by Young (2005), however, suggests that...