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A Stochastic Model of Mortality, Fertility, and Human Capital Investment

Kalemli-Ozcan, Sebnem - EconWPA - 2002

uncertainty about the number of surviving children. If the marginal utility of a surviving child is convex then there will be a … precautionary demand for children. As the mortality rate and thus uncertainty falls, this demand decreases. Furthermore, lower … mortality encourages educational investment in children. The key result is that this empirically observed quality-quantity trade …

Persistent link: https://www.econbiz.de/10005126196

From Stagnation to Growth: Unified Growth Theory

Galor, Oded - EconWPA - 2004

This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...

Persistent link: https://www.econbiz.de/10005062763

Does the Mortality Decline Promote Economic Growth?

Kalemli-Ozcan, Sebnem - EconWPA - 2002

survival, a decline in an exogenous mortality rate reduces precautionary demand for children and increases parental investment …

Persistent link: https://www.econbiz.de/10005412569

Unified Growth Theory

Galor, Oded - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005556052

The Demographic Transition and the Emergence of Sustained Economic Growth

Galor, Oded - EconWPA - 2004

The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...

Persistent link: https://www.econbiz.de/10005556697

MODELLING THE HEALTH SECTOR MODELLING THE HEALTH SECTOR:NIGERIA

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

GOOD HEALTH IS A CRUCIAL PART OF WELL-BEING BUT SPENDING ON HEALTH CAN BE JUSTIFIED ON ECONOMIC GROUNDS. THE GOAL OF REDUCING POVERTY PROVIDES A DIFFERENT BUT EQUALLY POWERFUL CASE FOR HEALTH INVESTMENTS. HOWEVER, IF POLICYMAKERS ARE TO ACCELERATE THE SUBSTANTIAL HEALTH GAINS OF RECENT DECADES,...

Persistent link: https://www.econbiz.de/10005408428

MODELLING THE HEALTH SECTOR POLICY REFORMS FOR NIGERIA:A PHASED PROJECT STUDY

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

Good health is a crucial part of well-being but spending on health can be justified on economic grounds. The goal of reducing poverty provides a different but equally powerful case for health investments. However, if policymakers are to accelerate the substantial health gains of recent decades,...

Persistent link: https://www.econbiz.de/10005556956

Long-Term Labour Force Projections for the 25 EU Member States:A set of data for assessing the economic impact of ageing

Carone, Giuseppe - EconWPA - 2005

This paper presents the methodology and results of labour force projections over the long term (until 2050) for each of the 25 EU Member States. These projections were undertaken in order to provide the background technical inputs for the assessment of the potential economic and fiscal impact of...

Persistent link: https://www.econbiz.de/10005125752

Mortality Change, the Uncertainty Effect, and Retirement

Kalemli-Ozcan, Sebnem; Weil, David - EconWPA - 2002

We examine the role of changing mortality in explaining the rise of retirement over the course of the 20th century. We construct a model in which individuals make labor/leisure choices over their lifetimes subject to uncertainty about their date of death. In an environment in which mortality is...

Persistent link: https://www.econbiz.de/10005126354

China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow

Holz, Carsten A. - EconWPA - 2005

Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...

Persistent link: https://www.econbiz.de/10005062447