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With economic growth model as a tool, the paper sets to analyze the effect of postponed retirement on domestic economic growth by taking into account the effect of such labor force-affected factors as adoption of two-child policy and increased fiscal input on education and fixed investment with alleviated bottom-reaching pressure on social security fund on the basis of gradual postponed retirement plan. Both quantity and quality of labor force are weighed here. As suggested by the study results, postponed retirement can significantly raise domestic economic aggregate in a time-dependent manner, and produce a positive effect on the economic growth speed in the long run. Keywords—postponed retirement; population age structure; labor resource; economic growth component

Will Domestic Economic Growth be affected by Postponed Retirement? -- From the perspective of labor capital