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the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …
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This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...
Persistent link: https://www.econbiz.de/10002540578
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and …
Persistent link: https://www.econbiz.de/10009708703
This paper investigates the empirical role of violent conflicts for the causal effect of democracy on economic growth. Exploiting within-country variation to identify the effect of democratization during the "Third Wave", we find evidence that the effect of democratization is weaker than...
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equilibrium theory with heterogeneous skills predicts a complementarity between trade and political regimes. Openness should … ; democratization ; political economy theory ; technology adoption ; sector level panel data ; cross-country analysis …
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