摘要
Manyresearchershaveconcludedthatlongerlifeexpectanciespromptincreasedinvestmentineducation,asaprolongedlaborsupplyraisestherateofreturnoneducation.Besidesexplainingtheempiricalevidencebehindthisconclusion(atanabsolutelevel),thereisanotherissuetobediscussed:doestimespentstudyingandworkingincreaseproportionallywithhigherlongevity?Buildingonanextendedlife-cyclemodel,thispapershowsthatprolongedlifeexpectancywillcauseindividualstoincreasetheirtimeineducationbutmaynotwarrantrisesinlaborinput.Laterweshowthathigherimprovementrateoflongevityratherthaninitiallifeexpectancywillpromoteeconomicgrowth,evenweexcludethemechanismofhumancapitalformation,andonlyconsidergrowtheffectsofhigherimprovementrateoflifeexpectancyfromphysicalcapitalinvestment.
出版日期
2012年01月11日（中国期刊网平台首次上网日期，不代表论文的发表时间）
