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On The Optimality of Risk-Sharing in Growth Models: The Role of Education

Femminis, Gianluca - C.E.P.R. Discussion Papers - 1999

While the "risk amelioration" literature suggests that risk sharing channels savings into risky but productive technologies and hence favours growth, models focused on precautionary savings reverse this conclusion. We solve, by means of numerical techniques, a model based on human capital...

Persistent link: https://www.econbiz.de/10005789025

Technology Dissemination and Economic Growth: Some Lessons for the New Economy

Quah, Danny - C.E.P.R. Discussion Papers - 2002

This Paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the sense that knowledge now assumes increasing importance...

Persistent link: https://www.econbiz.de/10005123594

Endogenous Growth, Human Capital, and Industry Wages

Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 1992

impact of human capital on wages. Most empirical tests of new growth theory are based on time-series and cross-section data …

Persistent link: https://www.econbiz.de/10005497700

Capital Mobility, Fiscal Policy and Growth Under Self-Financing of Human Capital Formation

Buiter, Willem H.; Kletzer, Kenneth - C.E.P.R. Discussion Papers - 1995

This paper considers the effects of fiscal and financial policy on economic growth in open and closed economies, when human capital formation by young households is constrained by the illiquidity of human wealth. Both endogenous and exogenous growth versions of the basic OLG model are analysed....

Persistent link: https://www.econbiz.de/10005497940

On the Taxation of Human and Physical Capital in Models of Endogenous Growth

Milesi-Ferretti, Gian Maria; Roubini, Nouriel - C.E.P.R. Discussion Papers - 1996

This paper studies the effects of factor income taxation and of subsidies to human capital accumulation in models of endogenous growth. It examines in particular how these effects depend on the specification of the leisure activity and on the technology and tax treatment of the sector producing...

Persistent link: https://www.econbiz.de/10005114284

The Dynamics of Exclusion and Fiscal Conservatism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...

Persistent link: https://www.econbiz.de/10005136638

Conspicuous Consumption, Human Capital and Poverty

Moav, Omer; Neeman, Zvika - C.E.P.R. Discussion Papers - 2008

Poor families around the world spend a large fraction of their income on consumption of goods that appear to be useless … in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such … consumption patterns seem to be related to the persistence of poverty. We offer an explanation for this observation, based on a …

Persistent link: https://www.econbiz.de/10005504622

Women's Liberation: What's in It for Men?

Doepke, Matthias; Tertilt, Michèle - C.E.P.R. Discussion Papers - 2008

The nineteenth century witnessed dramatic improvements in the legal rights of married women. Given that these changes took place long before women gained the right to vote, they amounted to a voluntary renouncement of power by men. In this paper, we investigate men's incentives for sharing power...

Persistent link: https://www.econbiz.de/10005789186

Economic Growth and the Swedish Model

Henrekson, Magnus; Jonung, Lars; Stymne, Joakim - C.E.P.R. Discussion Papers - 1994

We examine the growth performance of Sweden in the post-World War II period, focusing on explaining the relative …

Persistent link: https://www.econbiz.de/10005791604

British Economic Growth Since 1945: Relative Economic Decline .... and Renaissance?

Bean, Charles R; Crafts, Nicholas - C.E.P.R. Discussion Papers - 1995

draws on recent work in growth theory and places institutions and government policy at the heart of the growth process. We …

Persistent link: https://www.econbiz.de/10005792362

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