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The link between the mortality and epidemiological transitions is used to identify the effect of the former on the fertility transition: a mortality transition that is not accompanied by improving morbidity causes slower demographic and economic change. In a model where children may die from...
Persistent link: https://www.econbiz.de/10011048569
Rejuveniles are "people who cultivate tastes and mind-sets traditionally associated with those younger than themselves" [Noxon, C., 2006. Rejuvenile. Crown Publishers]. In this paper, we study a standard AK growth model of overlapping generations populated by rejuveniles. For our purposes,...
Persistent link: https://www.econbiz.de/10005322716
A question at the center of many analyses of optimal monetary policy is, why do central banks never implement the Friedman rule? To the list of answers to this question, we add neoclassical production (specifically, the Tobin effect) as one possible explanation. To that end, we study an...
Persistent link: https://www.econbiz.de/10005224806