Showing 1 - 10 of 50
This paper considers a model of endogenous growth with two sectors. It shows that it may be desirable to concentrate … research in one sector, and so have unbalanced growth, but that the pressure of competition in research may cause the private … sector to spread research too widely, and so have growth that is too balanced. It is also shown that even if private agents …
Persistent link: https://www.econbiz.de/10010605145
The aim of this work is to explore the relationship between unemployment and fertility. The hypothesis we investigate … is that unemployment affects fertility decisions by influencing individual`s expectations of future job opportunities and … and future job opportunities are relevant in explaining fertility patterns. In particular, higher expected wage levels …
Persistent link: https://www.econbiz.de/10010605033
to experience a systematic decline in fertility, a decline that took place in a very distinctive geographical pattern … fertility (Bretagne and the Massif Central) shrank until they more or less disappeared in the early 1900s.  In an attempt to … social influence in fertility decisions.  We assess how different behavioural assumptions and network topologies cause …
Persistent link: https://www.econbiz.de/10011277851
This paper investigates the effect of earnings and employment opportunities on pre-marital fertility. Using data from a … sample of British women born in 1970, we estimate an independent competing risk harzard model of fertility and cohabitation … decisions. Our results show that individual earnings opportunities are negatively related to pre-marital fertility but do not …
Persistent link: https://www.econbiz.de/10005090681
. Equilibrium policy and growth rates depend on initial cost structure. We find that in many (but not all) African countries, low …
Persistent link: https://www.econbiz.de/10011146241
Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring the possible supply model of aid and public expenditure in which public infrastructure capital generates an inter-temporal productivity spill over for both tradable and...
Persistent link: https://www.econbiz.de/10010820317
This paper studies the efficient taxation of money and factor income in intertemporal optimizing growth models with …
Persistent link: https://www.econbiz.de/10011004275
equilibrium model with fully endogenous growth.  The framework includes disaggregated industrial and energy sectors, endogenous …
Persistent link: https://www.econbiz.de/10011183195
Why might there be a long-run trade-off between growth and unemployment? In general equilibrium, the returns on the … interest. If the wage grows in line with productivity, there is a positive relation between growth and unemployment. If the … incentive to hire. There emerges a trade-off between growth and unemployment. …
Persistent link: https://www.econbiz.de/10010605230
reasonable values of key behavioural parameters, the potential growth and welfare gains from a (donor) revenue neutral re …
Persistent link: https://www.econbiz.de/10010605259