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This Paper examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...
Persistent link: https://www.econbiz.de/10005497992
This paper introduces a static structural model of hours of market labor supply, time spent on child care and other domestic work, and bought in child care for married or cohabiting mothers with pre-school age children. The father's behavior is taken as given. The main goal is to analyze the...
Persistent link: https://www.econbiz.de/10011079127
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First, increases in capital per worker raise women's relative wages, since capital is more complementary to women's labour input than to men's. Second, increasing women's relative wages...
Persistent link: https://www.econbiz.de/10005498148
marginal rates across a wide middle band of earnings and to a shift towards joint taxation. As is well known, joint taxation …
Persistent link: https://www.econbiz.de/10004977254
, affordable child care. Profiles of time use, earnings and taxes are compared over the life cycle defined on age as well as on …
Persistent link: https://www.econbiz.de/10005032875
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This uni...ted theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10005196962
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10008577814
The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...
Persistent link: https://www.econbiz.de/10005662096
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10005666934
Persistent link: https://www.econbiz.de/10013421913