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Brueckner, Jan K. - CESifo - 2005

This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live...

Persistent link: https://www.econbiz.de/10005765845

Ageing and Growth in the Small Open Economy

Heijdra, Ben J.; Romp, Ward E. - CESifo - 2006

We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...

Persistent link: https://www.econbiz.de/10005094204

Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West

Azarnert, Leonid V. - CESifo - 2010

I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous low-skilled workers lose from unskilled...

Persistent link: https://www.econbiz.de/10008583706

Guest-Worker Migration, Human Capital and Fertility

Azarnert, Leonid V. - CESifo - 2011

This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...

Persistent link: https://www.econbiz.de/10009020797

Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study

Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010748306

Institutions and Economic Growth in Historical Perspective: Part 1

Ogilvie, Sheilagh; Carus, A. W. - CESifo - 2014

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010877698

Institutions and Economic Growth in Historical Perspective: Part 2

Ogilvie, Sheilagh; Carus, A. W. - CESifo - 2014

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010877727

Simply a Matter of Luck & Looks? Predicting Elections when Both the World Economy and the Psychology of Faces Count

Garretsen, Harry; Stoker, Janka I.; Alessie, Rob; … - CESifo - 2014

world economy does well even though this is beyond their control and unrelated to their competence. Psychological research …

Persistent link: https://www.econbiz.de/10010877923

Economic Growth and Judicial Independence, a Dozen Years On: Cross-Country Evidence Using an Updated Set of Indicators

Voigt, Stefan; Gutmann, Jerg; Feld, Lars P. - CESifo - 2014

Over 10 years ago, Feld and Voigt (2003) introduced the first indicator for objectively meas-uring the actual independence of the judiciary and demonstrated its utility in a large cross-section of countries. The indicator has been widely used, but also criticized. This paper pre-sents more...

Persistent link: https://www.econbiz.de/10010948870

Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis

Baskaran, Thushyanthan; Feld, Lars P.; Schnellenbach, Jan - CESifo - 2014

The theoretical literature on the economics of fiscal federalism has identified several potential effects of government decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision of public services. However,...

Persistent link: https://www.econbiz.de/10010948879

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