Juhn, Chinhui; Kalemli-Ozcan, Sebnem; Turan, Belgi - National Bureau of Economic Research (NBER) - 2008
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...