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individually optimal investment decisions in the face of microcredit availability act to depress the growth of the economy and …
Persistent link: https://www.econbiz.de/10013136775
way agents form perceptions about returns to education. In an economy where human capital investments have both private …
Persistent link: https://www.econbiz.de/10013123609
Will an aging population lower economic growth? Economists are generally concerned that the increase in life expectancy could lower economic growth, however, theory does not make a prediction. As life expectancy increases, so should household savings, which results in more physical capital per...
Persistent link: https://www.econbiz.de/10012863794