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Fertility decline, baby boom and economic growth

Murphy, Kevin M; Simon, Curtis; Tamura, Robert - Volkswirtschaftliche Fakultät, … - 2008

We present new data documenting the secular decline in fertility in the states of the United States, the dramatic convergence in fertility, child schooling, parental schooling, survival probabilities. In addition we document the disparate nature of the Baby Boom in the United States. There were...

Persistent link: https://www.econbiz.de/10005621631

Black and White Fertility, Differential Baby Booms: The Value of Civil Rights

Tamura, Robert; Simon, Curtis; Murphy, Kevin M. - Volkswirtschaftliche Fakultät, … - 2012

This paper presents new estimates of the benets of equal education opportunity for blacks over the period 1820-2000. For the better part of US history, blacks have enjoyed less access to schooling for their children than whites. This paper attempts to quantify the value of this discrimination....

Persistent link: https://www.econbiz.de/10011108263

Economic growth In the long run

Tamura, Robert; Dwyer, Gerald P.; Devereux, John; … - Volkswirtschaftliche Fakultät, … - 2012

We present new data on real output per worker, schooling per worker, human capital per worker, real physical capital per worker for 168 countries. The output data represent all available data from Maddison. The physical capital data represent all available data from Mitchell. One major...

Persistent link: https://www.econbiz.de/10011110184

Equilibrium and Optimal Fertility with Increasing Returns to Population and Endogenous Fertility

Cuberes, David; Tamura, Robert - Volkswirtschaftliche Fakultät, … - 2014

We present a general equilibrium dynamic model that characterizes the gap between optimal and equilibrium fertility and investment in human capital. In the model, the aggregate production function exhibits increasing returns to population arising from specialization but households face the...

Persistent link: https://www.econbiz.de/10011111519

Data appendix for economic growth in the long run

Tamura, Robert; Dwyer, Gerald P; Devereux, John; Baier, … - Volkswirtschaftliche Fakultät, … - 2012

This extended data appendix describes the sources and methods used to construct the data used in our paper "Economic Growth in the Long Run."

Persistent link: https://www.econbiz.de/10011114018

White discrimination in provision of black education: plantations and towns

Canaday, Neil; Tamura, Robert - Volkswirtschaftliche Fakultät, … - 2007

We present a model of public provision of education for blacks in two discriminatory regimes, white plantation controlled, and white town controlled. We show that the ability to migrate to a non-discriminating district constrains the ability of both types of whites to discriminate. The model...

Persistent link: https://www.econbiz.de/10005623532

Employment, unemployment and real economic growth

Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2011

We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution … of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real … units. Statistically, the link between measured and predicted rate of employment is characterized by the coefficient of …

Persistent link: https://www.econbiz.de/10009220106

Inflation as a function of labor force change rate: cointegration test for the USA

Kitov, Ivan; Kitov, Oleg; Dolinskaya, Svetlana - Volkswirtschaftliche Fakultät, … - 2007

obtained for the USA is characterized by A1=4.0, A2=-0.03075, and t1=2 years. It provides a root mean square forecasting error …

Persistent link: https://www.econbiz.de/10005836346

Modeling the evolution of age-dependent Gini coefficient for personal incomes in the U.S. between 1967 and 2005

Kitov, Ivan - Volkswirtschaftliche Fakultät, … - 2008

This study validates the microeconomic model defining the evolution of personal incomes in the U.S. Because of a large portion of population not reporting any income, any comprehensive modeling of the overall personal income distribution (PID) is complicated. Age-dependent PIDs allow overcoming...

Persistent link: https://www.econbiz.de/10005836734

CRUDE OIL AND MOTOR FUEL: FAIR PRICE REVISITED

Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2010

In April 2009, we introduced a model representing the evolution of motor fuel price (a subcategory of the consumer price index of transportation) relative to the overall CPI as a linear function of time. Under our framework, all price deviations from the linear trend are transient and the price...

Persistent link: https://www.econbiz.de/10008543797