dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling … for initial income per capita, population growth, human capital, investment, openness and natural resource dependence … the black box and conditioning the variance of growth shocks on several country characteristics. Natural resource …

between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …

High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income … growth rate is a non-linear function of the income growth if policy makers try to influence economic growth. As a result …

Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the …

We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible … impact of factor substitution and income distribution on economic growth. We can show that this impact relies on both an … growth. …

This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non … social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth …. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human …

A common perception about the neoclassical growth model is that an economy devoid of capital cannot evolve to strictly …

In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-state growth rate … assessment of Klump and de La Grandville (2000) that the elasticity of substitution is a powerful engine of economic growth …. However, unlike their findings my result applies to the steady-state growth rate. Moreover, it does not hinge on particular …

Most evidence for the resource curse comes from cross-country growth regressions suffers from a bias originating from …