Showing 1 - 10 of 310,185
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life … expectancy. We integrate the theory into a unified growth model and reestablish increasing life expectancy as an engine of long …
Persistent link: https://www.econbiz.de/10014165522
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life … expectancy. We integrate the theory into a unified growth model and reestablish increasing life expectancy as an engine of long …
Persistent link: https://www.econbiz.de/10010311688
calibrate the model to US data and show that the historical evolution of increasing education and declining labor supply can be … explained as an optimal response to increasing active life expectancy. We integrate the theory into a unified growth model and …
Persistent link: https://www.econbiz.de/10010294422
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life … expectancy. We integrate the theory into a unified growth model and reestablish increasing life expectancy as an engine of long …
Persistent link: https://www.econbiz.de/10010954344
calibrate the model to US data and show that the historical evolution of increasing education and declining labor supply can be … explained as an optimal response to increasing active life expectancy. We integrate the theory into a unified growth model and …
Persistent link: https://www.econbiz.de/10010769243
this paper we propose a novel theory, based on health and aging, that explains these long-run trends. Workers optimally … respond to a longer stay in a healthy state of high productivity by obtaining more education and supplying less labor. Better … health increases productivity and amplifies the return on education. The health accelerator allows workers to finance …
Persistent link: https://www.econbiz.de/10010311781
this paper we propose a novel theory, based on health and aging, that explains these long-run trends. Workers optimally … respond to a longer stay in a healthy state of high productivity by obtaining more education and supplying less labor. Better … health increases productivity and amplifies the return on education. The health accelerator allows workers to finance …
Persistent link: https://www.econbiz.de/10010954301
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514
In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...
Persistent link: https://www.econbiz.de/10011514183
In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...
Persistent link: https://www.econbiz.de/10013320072