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Interactions between knowledge and health are studied in a three-period overlapping generations model with health … rearing. Growth dynamics depend in important ways on the externalities associated with knowledge and health. Depending on the … strength of these externalities, increases in government spending on education or health (financed by a cut in unproductive …
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The structure, efficiency, and growth of production affect (and are affected by) the distribution of consumption. Poverty analysis has three tasks: (1) to define and describe poverty, (2) to understand its causes, and (3) to inform policy. This chapter outlines history of economic thought on...
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Develops and tests a monetary model of the parallel market for foreign exchange which incorporates forward-looking expectations and currency substitution features. Econometric results using quarterly data for a group of 12 developing countries show that changes in official exchange rates and...
Persistent link: https://www.econbiz.de/10008459561