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This paper analyzes qualitatively and quantitatively the e ects of declining mortality rates on fertility, education and economic growth. The analysis demonstrates that if individuals are prudent in the face of uncertainty about child survival, a decline in an exogenous mortality rate reduces...
Persistent link: https://www.econbiz.de/10005412569
This paper is a pure theoretical attempt to explain tendencies revealed in the last decade urban researches, such as decentralization of population toward the cities suburbs, formation of polycentric cities, by a process of alteration of city traditional monocentricity, in time, due to the...
Persistent link: https://www.econbiz.de/10005062500
The Solow growth model assumes that labor force grows exponentially. This is not a realistic assumption because, exponential growth implies that population increases to infinity as time tends to infinity. In this paper we propose replacing the exponential population growth with a simple and more...
Persistent link: https://www.econbiz.de/10005062753
When the preference over intertemporal consumptions is of CIES type and human capital enters the production function in a secific way, we show that the optimum population growth rate is exactly the subjective discount rate in an infinite-horizon Ramsey Model.
Persistent link: https://www.econbiz.de/10005556769
In standard economic growth theory it is usually assumed that labor force follows exponential growth. That is not a realistic assumption. In this paper we introduce a generalized logistic equation (Richards law) that describes more accurately population growth. Then we analyze the neoclassical...
Persistent link: https://www.econbiz.de/10005125626
In this paper, we focus on and examine the empirical evidence of non- linearity in aggregate Canadian unemployment. Contrary to the conclusion reached in Murray et al. (1993), and using a corrected for bias simple non-parametric test (SNT), we reject the null hypothesis of a linear structure for...
Persistent link: https://www.econbiz.de/10005412624
Bank of Canada is interested in the efficient functioning of capital markets through each of its responsibilities for … conducted thus far suggests that Canadian capital markets are efficient for a capital market of Canada's size but are less …
Persistent link: https://www.econbiz.de/10005413072
A vital implication of unemployment persistence applies to the Bank of Canada's disinflation policies since it …
Persistent link: https://www.econbiz.de/10005062535
each type. Using national community and household data collected as part of a research project on rural Canada (The New …
Persistent link: https://www.econbiz.de/10005118864
· The report contains positive references to profit, capital, liberty and freedom (including free-market economy), and the struggle of the world’s poor in the developing world – if we dared, and cared to ask them, that is, to achieve these. These references might be too sacrilegious to be...
Persistent link: https://www.econbiz.de/10005119346