, education, and wage rate and analyze its role in economic growth for the Korean economy. Over the past three decades, human … growth has been driven by the rise of better-educated baby boom cohorts. A growth accounting exercise shows that human … capital contributes significantly to economic growth; it accounted for 0.5% points of annual GDP growth over the period. Human …

which substantially mitigates the macroeconomic impact of population aging. On the aggregate level, the predicted decrease …

the costs of child education: from time costs to monetary costs …