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We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …
Persistent link: https://www.econbiz.de/10011671956
We analyze the economic consequences for less developed countries of investing in female health. We do this through developing and calibrating a novel micro-founded dynamic general equilibrium model in which parents trade off the number of children against investments in their education and in...
Persistent link: https://www.econbiz.de/10011533051
We propose a Unified Growth model that analyzes the role of the Scienti fic Revolution in the takeoff to sustained modern economic growth. Basic scientific knowledge is a necessary input in the production of applied knowledge, which, in turn, fuels productivity growth and leads to rising...
Persistent link: https://www.econbiz.de/10012204877