University of Hohenheim
Institute of Economics
Schloss Hohenheim 1d
Information about this author at RePEc
NBER Working Papers and Publications
|July 2018||Demography, Unemployment, Automation, and Digitalization: Implications for the Creation of (Decent) Jobs, 2010–2030|
with David E. Bloom, Mathew McKenna: w24835
Globally, an estimated 734 million jobs will be required between 2010 and 2030 to accommodate recent and ongoing demographic shifts, account for plausible changes in labour force participation rates, and achieve target unemployment rates of at or below 4 percent for adults and at or below 8 percent for youth. The facts that i) most new jobs will be required in countries where “decent” jobs are less prevalent and ii) workers in many occupations are increasingly subject to risks of automation further compound the challenge of job creation, which is already quite sizable in historical perspective. Failure to create the jobs that are needed through 2030 would put currently operative social security systems under pressure and undermine efforts to guarantee the national social protection floors ...
|July 2017||The Economic Burden of Chronic Diseases: Estimates and Projections for China, Japan, and South Korea|
with David E. Bloom, Simiao Chen, Michael Kuhn, Mark E. McGovern, Les Oxley: w23601
We propose a novel framework to analyse the macroeconomic impact of noncommunicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic costs of chronic health conditions in terms of foregone gross domestic product (GDP). Unlike previously adopted frameworks, this approach allows us to account for i) variations in human capital for workers in different age groups, ii) mortality and morbidity effects of non-communicable diseases, and iii) the treatment costs of diseases. We apply our methodology to China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular diseases, cancer, respiratory diseases, diabetes, and mental health conditions)....
Published: David E. Bloom & Simiao Chen & Michael Kuhn & Mark E. McGovern & Les Oxley & Klaus Prettner, 2018. "The Economic Burden of Chronic Diseases: Estimates and Projections for China, Japan, and South Korea," The Journal of the Economics of Ageing, .
|August 2016||Africa’s Prospects for Enjoying a Demographic Dividend|
with David E. Bloom, Michael Kuhn: w22560
We assess Africa’s prospects for enjoying a demographic dividend. While fertility rates and dependency ratios in Africa remain high, they have started to decline. According to UN projections, they will fall further in the coming decades such that by the mid-21st century the ratio of the working-age to dependent population will be greater than in Asia, Europe, and Northern America. This projection suggests Africa has considerable potential to enjoy a demographic dividend. Whether and when it actually materializes, and also its magnitude, hinges on policies and institutions in key realms that include macroeconomic management, human capital, trade, governance, and labor and capital markets. Given strong complementarities among these areas, coordinated policies will likely be most effective in...
Published: David E. BLOOM & Michael KUHN & Klaus PRETTNER, 2017. "Africa’s Prospects for Enjoying a Demographic Dividend," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 83(1), pages 63-76, March. citation courtesy of
|July 2015||The Contribution of Female Health to Economic Development|
with David E. Bloom, Michael Kuhn: w21411
We analyze the economic consequences for less developed countries of investing in female health. In so doing we introduce a novel micro-founded dynamic general equilibrium framework in which parents trade off the number of children against investments in their education and in which we allow for health-related gender differences in productivity. We show that better female health speeds up the demographic transition and thereby the take-off toward sustained economic growth. By contrast, male health improvements delay the transition and the take-off because ceteris paribus they raise fertility. According to our results, investing in female health is therefore an important lever for development policies. However, and without having to assume anti-female bias, we also show that households pref...