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We propose a dynamic production function of population health and mortality from birth onwards. Our parsimonious model provides an excellent fit for the mortality and survival curves for both primate and human populations since 1816. The model sheds light on the dynamics behind many phenomena...
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Following the Great Lockdown in 2020, it is important to take stock of lessons learned. How effective have different containment measures been in slowing the spread of Covid-19? Have containment measures been costly in terms of economic growth, fiscal balances, and accumulated debt? This paper...
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not its permanent and transitory components separately. The model''s predictions under learning differ substantially from … explanations of the Feldstein-Horioka puzzle, learning induces high correlations irrespective of the assumed persistence of shocks …
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