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The population literature in theoretical economics has long focused on attempts to avoid the repugnant conclusion. We advance the literature by proving that no social ordering in population economics can escape the repugnant conclusion in all instances. As we show, prior results depend on a...
Persistent link: https://www.econbiz.de/10012121586
This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of human capital formation, technological progress, and the biological constraint of finite lifetime expectancy. All these processes are interdependent and determined endogenously. The...
Persistent link: https://www.econbiz.de/10011413569
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much of it was intended to illuminate issues of...
Persistent link: https://www.econbiz.de/10012027303
We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy. We show that an increasing life expectancy may not be detrimental for the economy or the pension system itself. On the other hand, conventional policy measures, such as...
Persistent link: https://www.econbiz.de/10011855784
A snapshot at figures of immigration (Aliyah) to the Land of Israel (Palestine) and to the State of Israel reveals the following: between 1882-1947, in successive waves of immigration, some 543,000 Jews immigrated to Palestine, joining the 24,000 who lived there. During the first three years of...
Persistent link: https://www.econbiz.de/10011317476
In this document, we consider the effects of a land reform on economic and demographic growth by a family-optimization model with sharecropping, endogenous fertility and status seeking. We show that tenant farming is the major obstacle to escaping the Malthusian trap with high fertility and low...
Persistent link: https://www.econbiz.de/10010337427
In this paper we investigate the causal effect of life expectancy on economic growth by explicitly accounting for the role of the demographic transition. In addition to focusing on issues of empirical identification, this paper emphasizes the role of the econometric specification. We present a...
Persistent link: https://www.econbiz.de/10003837588
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
This paper provides a demographic outlook of the Euro-Mediterranean region and then shows the economic and fiscal consequences of such demographic differences within a two-region model with international labor mobility. International labor mobility is also examined through an externalities...
Persistent link: https://www.econbiz.de/10009523531
Ever since the very beginning of the Journal of Economics and Statistics, population economics has featured prominently in the Journal. Fertility naturally plays an important role in population economics. Its size has decreased significantly from the 1900s. Long time-series regarding fertility...
Persistent link: https://www.econbiz.de/10009530669