Showing 1 - 10 of 59
How did Europe escape the "Iron Law of Wages?" We construct a simple Malthusian model with two sectors and multiple steady states, and use it to explain why European per capita incomes and urbanization rates increased during the period 1350-1700. Productivity growth can only explain a small...
Persistent link: https://www.econbiz.de/10005772256
We analyze the rise of the first socio-economic institution in history that limited fertility – long before the Demographic Transition. The "European Marriage Pattern" (EMP) raised the marriage age of women and ensured that many remained celibate, thereby reducing childbirths by up to one...
Persistent link: https://www.econbiz.de/10008836700
This paper studies the impact of a regional free trade agreement, MERCOSUR, on technology upgrading by Argentinean firms. To guide empirical work, I introduce technology choice in Melitz’s (2003) model of trade with heterogeneous firms. The joint treatment of the technology adoption and...
Persistent link: https://www.econbiz.de/10008540955
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005707953
In a world with two countries which differ in size, we study the impact of (the speed of) trade liberalization on firms' profits and total welfare of the countries involved. Firms correctly anticipate the pace of trade liberalization and take it into account when deciding on their product...
Persistent link: https://www.econbiz.de/10005707952
This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model of the world economy calibrated to aggregate and firm-level data. Our framework features cross-country labor productivity differences, international trade, remittances, and a...
Persistent link: https://www.econbiz.de/10010755474
We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can choose between different probability distributions when drawing productivity at the entry stage and explore the implications in closed and open economy. One novel result is that export opportunities,...
Persistent link: https://www.econbiz.de/10011250938
Alfréd Rényi, in a paper of 1962, A new approach to the theory of Engel's series, proposed a problem related to the growth of the elements of an Engel's series. In this paper, we reformulate and solve Rényi's problem for both, Engel's series and Pierce expansions.
Persistent link: https://www.econbiz.de/10005572610
Des del principi dels temps històrics, la Matemàtica s'ha generat en totes les civilitzacions sobre la base de la resolució de problemes pràctics.Tanmateix, a partir del període grec la Història ens mostra la necessitat de fer un pas més endavant: l'evolució històrica de la Matemàtica...
Persistent link: https://www.econbiz.de/10005572631
The well--known Minkowski's? $(x)$ function is presented as the asymptotic distribution function of an enumeration of the rationals in (0,1] based on their continued fraction representation. Besides, the singularity of ?$(x)$ is clearly proved in two ways: by exhibiting a set of measure one in...
Persistent link: https://www.econbiz.de/10005771972