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The current practice of measuring age as years-since-birth, both in common practice and in the law, rather than alternative measures reflecting a person's stage in the lifecycle distorts important behavior such as retirement, saving, and the discussion of dependency ratios. Two alternative...
Persistent link: https://www.econbiz.de/10012465170
considered: neutral technological progress, skilled-biased technological change, and drops in the price of labor-saving household …
Persistent link: https://www.econbiz.de/10012510535
We use data from the Groningen Growth and Development Centre (GGDC) database to perform preliminary empirical analysis of the interplay between quality and quantity of finance in accounting for the output growth of ten sectors. We review the existing literature and some salient open questions...
Persistent link: https://www.econbiz.de/10012457749