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This paper explores the consequences of skill biased technological progress on the savings rates. The literature, both theoretical and empirical, on the causes and consequences of skill biased technological progress in the past few years has burgeoned considerably. So has the literature on...
Persistent link: https://www.econbiz.de/10005412682
If partners derive utility from joint leisure time, it is expected that they will coordinate their work schedules in order to increase the amount of joint leisure time. This paper tries to answer three questions using a new matching procedure where couples are matched to other couples. (1) Do...
Persistent link: https://www.econbiz.de/10005556767
of death. In an environment in which mortality is high, an individual who saved up for retirement would face a high risk …
Persistent link: https://www.econbiz.de/10005126354
development across most of human history induced growth theorists to advance an alternative theory that captures in a single … between these distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the … growth process over the entire history of the human species, enhancing the confidence in the viability of the theory, its …
Persistent link: https://www.econbiz.de/10005062763
theorists to advance an alternative theory that captures in a single unified framework the epoch of Malthusian stagnation, the … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory … species, enhancing the confidence in the viability of the theory, its predictions and its policy implications for the growth …
Persistent link: https://www.econbiz.de/10005556052
fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the …
Persistent link: https://www.econbiz.de/10005556697
This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax rates and modifies knowledge formation; second, public...
Persistent link: https://www.econbiz.de/10005561213
-income countries. From the perspective of growth theory, the productive-consumption hypothesis is of fundamental interest because it …
Persistent link: https://www.econbiz.de/10005062407
participation for women in Japan, motivated by the recent decrease in the number of marriages and the total fertility rate. Using … the 1993-95 Japanese Panel Surveys of Consumption, the structural estimation result of a dynamic decision model suggests … advantages gained from the husband's earnings. The estimation using a recent sample suggests that the sum of the estimated values …
Persistent link: https://www.econbiz.de/10005125788
This paper analyzes qualitatively and quantitatively the e ects of declining mortality rates on fertility, education …
Persistent link: https://www.econbiz.de/10005412569