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We revisit the seminal paper on endogenous fertility by Barro and Becker (1989) taking into account households' heterogeneity in terms of capital endowments, mortality differential and cost per surviving child. Focusing on an endogenous growth version, we show at first that there exists a unique...
Persistent link: https://www.econbiz.de/10008793875
Several contributions have already pointed out that initial wealth in- equalities do persist in the long run in the Ramsey model with heteroge- nous agents. We show that this result is not robust to the introduction of endogenous fertility. Our argument builds on the Barro-Becker (1989) seminal...
Persistent link: https://www.econbiz.de/10008794390
The agreement recently signed between Morocco and the United States foresees several modalities in dismantling tariffs. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the rate of growth and the sectoral trade balance of these...
Persistent link: https://www.econbiz.de/10008789047
Migration to, from, and across Jordan since the Palestinian exodus of 1948 has played a key role in the country … to ensure its own stability. Jordan is a case in point for how various forms of mobility can have strong political and …
Persistent link: https://www.econbiz.de/10008794173