Age and education effects in Singapore's demographic dividend 1970-2020

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      <subfield code="a">Age and education effects in Singapore's demographic dividend 1970-2020</subfield>
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      <subfield code="a">Singapore had experienced rapid GDP growth from the period of 1970-2020. This work is adds to the overall contribution in studies understanding the contribution of age and education effects in the demographic dividend for countries, in this case  for a small, rapidly-developing country in Asia that had achieved high-income status. We find that for Singapore the education effect was larger than the age effect for the entire period, driven by the education effect on labour income.Understanding the contributions of age and education effects on the economic support ratio will have policy implications as Singapore continues to age rapidly. This work also adds to the perspective on the importance of building up human capital in sustaining the demographic dividend</subfield>
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      <subfield code="g">05/02/2024 Volumen 27 - 2024 , 6 p.</subfield>
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