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 …

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on GDP per capita, and second, a permanent increase in migration ows has a positive effect on productivity growth …. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …

We introduce distributive justice into a simple model of growth and distribution. Two groups (‘classes’) of otherwise … supplies one unit of labour inelastically and desires a wage; and that the labour share impacts growth negatively in our ‘AK … conflict is resolved by the two positive and three normative criteria we consider. Thus, the macroeconomy (growth, factor …

, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

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 …