IDEAS home Printed from https://ideas.repec.org/a/eee/joecag/v27y2024ics2212828x23000579.html
   My bibliography  Save this article

Aging, education and some other implications for the silver dividend in developing countries: Evidence from Brazil

Author

Listed:
  • Rocha de Jesus Fernandes, Anderson
  • Lanza Queiroz, Bernardo

Abstract

Population aging increases dependency levels and can influence the transition from working life to retirement. Changes in population structure have important economic effects, which can be positive when analyzing the impacts of a more educated older labor force but could also impact families and governments. It is important to consider how age and education composition are associated with each other in contexts marked by high levels of inequality. In this paper, we analyze the economic consequences of the aging process in Brazil considering the role of improvements in education and the possibility of the constitution of a silver dividend in the country. We use a series of simulation models, based on the determinants of labor supply and labor income of people aged 45 years and over, to investigate the impacts of changes in the educational composition of the labor force. Our simulations show that the positive association between education, labor supply, and labor income would be more pronounced in scenarios of higher levels of education, labor market stability (high status activities and informality reduction), and changes in retirement rules, specifically the establishment of minimum ages. Such a context would increase the number of older workers and improve productivity, allowing appropriate conditions for the development of a silver dividend in Brazil in a quantitative and a qualitative way.

Suggested Citation

  • Rocha de Jesus Fernandes, Anderson & Lanza Queiroz, Bernardo, 2024. "Aging, education and some other implications for the silver dividend in developing countries: Evidence from Brazil," The Journal of the Economics of Ageing, Elsevier, vol. 27(C).
    • Handle: RePEc:eee:joecag:v:27:y:2024:i:c:s2212828x23000579
    DOI: 10.1016/j.jeoa.2023.100497
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212828X23000579
    Download Restriction: no
    File URL: https://libkey.io/10.1016/j.jeoa.2023.100497?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joecag:v:27:y:2024:i:c:s2212828x23000579. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/the-journal-of-the-economics-of-ageing .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.