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Education and growth with learning by doing
Marconi, Gabriele; Grip, Andries de - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10010529431
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Risky human capital investment, income distribution, and macroeconomic dynamics
Grossmann, Volker (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001869354
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Does the unemployment invariance hypothesis hold for Canada?
Tansel, Aysıt; Ozdemir, Zeynel Abidin; Aksoy, Emre - 2016
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
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What matters for environmental quality in the Next-11 countries : economic growth or income inequality?
Padhan, Hemachandra; Haouas, Ilham; Sahoo, Bhagaban; … - 2018
This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption on carbon emissions in a sample of Next-Eleven (N-11) countries. It uses modern econometric techniques to highlight a long-run interplay between selected variables in the carbon...
Persistent link: https://www.econbiz.de/10011816704
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Transfers within a three generations family : when the rotten kids turn into altruistic parents
Cremer, Helmuth; Roeder, Kerstin - 2014
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10010370150
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Job creation in a multi-sector labor market model for developing economies
Basu, Arnab K.; Chau, Nancy H.; Fields, Gary S.; … - 2016
This paper proposes an overlapping generations multi‐sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multi‐sector...
Persistent link: https://www.econbiz.de/10011480814
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The economics of human cloning
Saint-Paul, Gilles - 2000
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10001545534
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Samuelson's contributions to population theory and overlapping generations in economics
Lee, Ronald Demos - 2019
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
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Pension policies in a model with endogenous fertility
Cipriani, Giam Pietro; Pascucci, Francesco - 2018
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
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Demography and provisions for retirement : the pension composition, a behavioral approach
Praag, Bernard M. S. van; Hop, J. Peter - 2020
Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings, mandatory fully-funded occupational pension systems, mandatory social security financed by pay-as-you-go, and old-fashioned hoarding in cash. Here, we call the specific mixture...
Persistent link: https://www.econbiz.de/10012160984