In this paper, we explore the issue of gender differences in education in the context of a two-sexoverlapping generations model where men and women of each generation bargain over consumption, number of children, and investment in education of their children conditional on gender, andparents are...

This paper aims at studying the interaction between growth of real output and human capital accumulation when education requires investment of physical resources. To this end we investigate the aggregate implications of individual specific uncertainty about returns to investment in education in...

This paper develops a general equilibrium model of the gender wage up. The difference in earningsis a consequence of a demographic regularity -that men tend to marry younger women- whichlimits women´s labor mobility. However, couples are always free not to marry, and do so only if itis in...

This paper examines the equilibrium relation, within the non-specialized area, between the current account and the terms-of-trade in a two-country/sector growth model. Along a convergent eqirilibrium path, this relation can have any sign depending on the trading sectors' relative factor...