On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare

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How researchers see this paper

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Demographic Patterns and Household Saving in China (2015, neutral): “From birth through age 19, individuals make no decisions and depend on their parents for consumption.”
Demographic Change, Human Capital and Welfare (2012, background): “As documented in Krüger and Ludwig (2007), demographically induced changes in the return to physical capital and wages from the U.”
Aging and pension reform: extending the retirement age and human capital formation* (2015, neutral): “In open economies, Domeij and Flodén (2006), Bösch-Supan et al. (2006), Fehr et al. (2005), Attanasio et al. (2007) and Krüger and Ludwig (2007), among others, investigate the role of international capital flows during the demographic transition.”
Cecchetti , Mohanty and Zampolli The real effects of debt The real effects of debt (2011, neutral): “Indeed, some studies suggest that ageing at the global level will continue to put downward pressure on global real interest rates for many years to come (see eg Attanasio et al (2007) and Krueger and Ludwig (2007)).”