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Family size, human capital and growth: structural path analysis of Rwanda

Temel, Tugrul - Volkswirtschaftliche Fakultät, … - 2011

investment in human capital. In particular, the human capital investment of households with 1-3 children tends to be more … pronounced than that of households with more than 3 children. Moreover, households with 1-3 children act as an important …

Persistent link: https://www.econbiz.de/10009147703

Human capital—economic growth nexus in the former Soviet Bloc

Osipian, Ararat - Volkswirtschaftliche Fakultät, … - 2007

This study analyses the role of education in economic development in the republics of the former Socialist Bloc and more specifically the impact of human capital on per capita economic growth in transition economies in the Russian Federation, and Ukraine. The factors that are associated with the...

Persistent link: https://www.econbiz.de/10005836190

A growth model with time allocation and social participation

Bassetti, Thomas; Favaro, Donata - Volkswirtschaftliche Fakultät, … - 2009

In this article we propose a model of growth with human capital accumulation, in which individuals allocate their time among work, education and socio-political participation. Socio-political participation, while subtracting time to education, positively affects individual’s utility; the...

Persistent link: https://www.econbiz.de/10005034995

A Dynamic Model of Specialization and Market Development as Engines of Economic Growth

Phillips, Kerk L. - Volkswirtschaftliche Fakultät, … - 2010

This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We seek to explain the following stylized facts. 1) The share of household production in total output has fallen over time as the economy has grown. 2) Services as a percent of GDP...

Persistent link: https://www.econbiz.de/10008550554

Education, Growth and Income Inequality

Teulings, Coen N.; Rens, Thijs van - Tinbergen Instituut - 2002

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...

Persistent link: https://www.econbiz.de/10011255487

Human capital investment and growth: A dynamic education model

Ben Mimoun, Mohamed; Raies, Asma - Volkswirtschaftliche Fakultät, … - 2008

The paper aims to explicitly determine the distribution of human capital across hierarchic educational stages along the transition process, and to analyse the determinants of its evolution. We apply optimal control principles in a model of endogenous growth with two successive stages of...

Persistent link: https://www.econbiz.de/10005836837

The Underground Economy in a Matching Model of Endogenous Growth

Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2011

A matching model will explain both unemployment and economic growth by considering the underground sector. Three problems can thus be simultaneously accounted for: (i) the persistence of underground economy, (ii) the ambiguous relationships between underground employment and unemployment, and...

Persistent link: https://www.econbiz.de/10009132744

Optimal fertility during World War I

Vandenbroucke, Guillaume - Volkswirtschaftliche Fakultät, … - 2011

.36 millions over 4 years while military losses are estimated at 1.4 millions. In short, the fertility decline doubled the … demographic impact of the War. Why did fertility decline so much? The conventional wisdom is that fertility fell below its optimal … model of optimal fertility choice where households reaching their childbearing years on the eve of WWI face a loss of …

Persistent link: https://www.econbiz.de/10009401345

The Long-run Effects of HIV/AIDS in Kenya

Bruhns, Ramona - Volkswirtschaftliche Fakultät, … - 2006

This essay analyzes the long-run economic effects of HIV/AIDS in Kenya, with emphasis on fertility, education and child … future generations is weakened, as children are left orphaned and surviving adults are correspondingly burdened. As a … consequence, per capita income decreases and communities can less afford to raise and educate children as they did before the …

Persistent link: https://www.econbiz.de/10005836110

Capital Markets Integration, Growth and Income Distribution: A Dynamic Analysis

Viaene, Jean-Marie; Zilcha, Itzhak - Tinbergen Instituut - 1997

See also the publication in the European Economic Review, 2002, 301-327. The paper considers a two-country model of overlapping generations heterogenouseconomies with intergenerational transfers carried out in the form of bequest and investmentin human capital. We examine in competitive...

Persistent link: https://www.econbiz.de/10011261919