Showing 1 - 10 of 359
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 …
Persistent link: https://www.econbiz.de/10005000394
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 showthat the assessment of pension reform proposals may be different …
Persistent link: https://www.econbiz.de/10005406263
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 …
Persistent link: https://www.econbiz.de/10010580969
by (1) differences in the productivity of each policy; (2) how growth would influence each longevity aspect under laissez …
Persistent link: https://www.econbiz.de/10013317486
The interaction between investment in children's education and parental fertility is crucial in recent theories of the … transition from Malthusian stagnation to modern economic growth. This paper contributes to the literature on the child quantity … significant negative causal effect of education on fertility, which is robust to accounting for spatial autocorrelation. The …
Persistent link: https://www.econbiz.de/10013135779
the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce …
Persistent link: https://www.econbiz.de/10013117792
factors underlying historical fertility limitation, the role of parental education has received little attention. We combine … their fertility before the demographic transition. Despite controlling for several demand and supply factors, we find a … negative residual effect of women's education on fertility. Instrumental‐variable estimates, using exogenous variation in women …
Persistent link: https://www.econbiz.de/10013125696
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10013125698
show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias …
Persistent link: https://www.econbiz.de/10013107062
whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … all "relevant" senses identical should be treated identically); it turns out that under endogenous fertility, any winning … policy trivially satisfies horizontal equity, but if fertility is exogenous for some of (or all) the parents, horizontal …
Persistent link: https://www.econbiz.de/10013108086