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    048501

    Interactions between mortality levels and the allocation of time for leisure, training, consumption and saving over the life cycle

    Chernichovsky D

    In: Consequences of mortality trends and differentials. New York, New York, U.N. Department of International Economic and Social Affairs, 1986. 126-31. (Population Studies no. 95, ST/ESA/SER.A/95)

    The author seeks to develop a framework depicting the interaction of mortality levels and the allocation of time for leisure, training, consumption, and saving over the life cycle in the context of a household's decision-making process. "The discussion suggests that longevity is conducive to saving, schooling and training, and technological change. Rising survivorship is postulated to be a major force behind rising productivity because rising levels of productivity are almost the only means to spread consumption of goods and leisure over an increasing life span." (EXCERPT)
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