Abrigo, Michael R. M.; Lee, Sang-Hyop; Park, Donghyun - 2017
Asia's rapid population aging fortifies the case for strengthening human capital investments. Further, the experience … positive effect on labor productivity and, hence, output. The positive effect is stronger for poorer households and, hence …. Overall, our evidence points to a positive effect of human capital on growth, equity, and fiscal balance in Asia. …