Showing 1 - 6 of 6
This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....
Persistent link: https://www.econbiz.de/10005662118
This paper examines the historical evolution of the relationship between population growth, technological change, and the standard of living. It considers several unified models that encompass the transition between three distinct regimes that have characterized the process of economic...
Persistent link: https://www.econbiz.de/10005791656
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First … to men's. Second, increasing women's relative wages reduces fertility by raising the cost of children more than household … income. Third, lower fertility raises the level of capital per worker. This positive feedback loop generates a demographic …
Persistent link: https://www.econbiz.de/10005498148
shown that a substantial number of couples used birth control for 'spacing' as well as 'stopping' fertility. Moreover … good. In general the results obtained do not fit with the 'Princeton' view of the European fertility transition, with its …
Persistent link: https://www.econbiz.de/10005504562
The paper surveys the evidence on British economic growth performance since the war. It is shown that the hypotheses proposed by Bacon and Eltis, Kaldor and Thirlwall to account for slow growth are inadequate and that supply side problems leading to poor productivity performance are the most...
Persistent link: https://www.econbiz.de/10005791602
The relationship between unemployment and the rate of change of money wages in interwar Britain is re-examined. It is argued that improved estimates of the wage equation can be obtained by taking account explicitly of factors which change the level of excess demand associated with the measured...
Persistent link: https://www.econbiz.de/10005067347