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Compared to other factors, the role of the age distribution of the population as a key endogenous determinant of economic growth trajectories has traditionally been overlooked. This is unrealistic, especially when dealing with major epochs of structural change, such as demographic transitions....
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Institutional and Social Dynamics of Growth and Distribution presents a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.
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A common belief in economic growth theory is that the instability of the balanced growth path of models based on a non-neoclassical production theory, such as the Harrod-Domar or Goodwin-type models, may be removed by introducing neoclassical technology and substitutability between factors. This...
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Immigration might be a remedy against the stress that low fertility causes to demographic and welfare systems. Sustained immigration, however, can alter both the demographic and epidemiological profiles of the receiving population. An age-structured SIR (susceptible-infective-recovered) model...
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We exploit a multistate generalisation of a classical, one-sex, stable population model to evaluate structural and long-term effects of changes in the attainment of adulthood. The demographic framework that inspired this paper is provided by Italy, where a strong delay in the transition to...
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