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Karanassou, Marika; Snower, Dennis J. - 2002

well. By implication, policies that stimulate investment and R&D and policies that affect the size of the labor force may …

Persistent link: https://www.econbiz.de/10011412072

Solow and heterogeneous labor : a neoclassical explanation of wage inequality

Meckl, Jürgen; Zink, Stefan - 2002

The paper analyzes the effect of human-capital investments of heterogeneous individuals on the dynamics of the wage structure within a neoclassical growth model. The accumulation of physical capital changes relative factor prices and thus incentives to acquire skills, thereby altering the...

Persistent link: https://www.econbiz.de/10011415366

Optimal taxation with capital accumulation and wage bargaining

Palokangas, Tapio K. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001876718

Efficient tax policy ranks education higher than saving

Richter, Wolfram F. (contributor) - 2008

human and nonhuman capital investment ; power law of learning …

Persistent link: https://www.econbiz.de/10003688797

Untimely destruction: pestilence, war and accumulation in the long run

Bell, Clive; Gersbach, Hans; Komarov, Evgenij - 2019

This paper analyses the effects of disease and war on the accumulation of human and physical capital. We employ an overlapping-generations frame-work in which young adults, confronted with such hazards and motivated by old-age provision and altruism, make decisions about investments in schooling...

Persistent link: https://www.econbiz.de/10012122104

The impact of education on the subjective discount rate in Ugandan villages

Bauer, Michal; Chytilová, Julie - 2009

Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in developing countries. We elicit a subjective discount rate for a varied sample of Ugandan villagers. In accordance with other studies, we have found the discount rate to...

Persistent link: https://www.econbiz.de/10003824853

The role of demographics in precipitating crises in financial institutions

Macunovich, Diane J. - 2009

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

Improving access to savings through mobile money : experimental evidence from African smallholder farmers

Batista, Catia; Vicente, Pedro C. - 2019

Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited … access to formal savings. This is the first study to use a randomized controlled trial to evaluate the impact of using mobile … money as a tool to promote agricultural investment. For this purpose, we designed and conducted a field experiment with a …

Persistent link: https://www.econbiz.de/10012140124

Rebalancing growth in Asia

Prasad, Eswar S. - 2009

region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment …. -- Growth contributions ; national savings and investment ; current account balance ; welfare consequences of growth … growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India …

Persistent link: https://www.econbiz.de/10003879333

On the commitment needs of partially naive agents

Liu, Pan; Andersen, Torben M.; Bhattacharya, Joydeep - 2020

Time-inconsistent, present-biased agents may hold commitment assets hoping to keep their current and future present bias in check. Paternalistic governments, in an effort to help such people, routinely offer commitment machinery such as restrictions (or bans) on early withdrawals from...

Persistent link: https://www.econbiz.de/10012203129

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