consider a newly defined demographic dividend, which is generated through the use of the untapped work capacity of healthy … older persons and to which we refer as “the silver” or “the third” demographic dividend. By drawing upon microlevel datasets … obtained from Japan and Malaysia, we calculate the magnitude of the impact of that dividend on macroeconomic growth in each of …

newly defineddemographic dividend, which is generated through the use of the untapped workcapacity of healthy older persons … and to which we refer as “the silver” or “thethird” demographic dividend. By drawing upon microlevel datasets obtainedfrom …