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the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …
Persistent link: https://www.econbiz.de/10013159658
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10013130458
world system to 'deliver' a given amount of democracy, economic growth, gender equality, human development, research and … indicators, derived from sociological dependency and world systems theories, we also test the predictive power of several other …
Persistent link: https://www.econbiz.de/10013117617
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...
Persistent link: https://www.econbiz.de/10013154479
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/10013155560
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/10012919500
In this document, we consider the effects of a land reform on economic and demographic growth by a family-optimization model with sharecropping, endogenous fertility and status seeking. We show that tenant farming is the major obstacle to escaping the Malthusian trap with high fertility and low...
Persistent link: https://www.econbiz.de/10013055912
We study the impact of short-term exposure to ambient air pollution on the spread and severity of COVID-19 in Germany … patients (80+ years): higher levels of air pollution by one standard deviation 3 to 12 days after developing symptoms increase … deaths by 30 percent (males) and 35 percent (females) of the mean. In addition, air pollution raises the number of confirmed …
Persistent link: https://www.econbiz.de/10012829235
In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations … the host country's environmental regulations. Since the pollution haven's effects indicate moving the polluting production … those countries. This supports the prevalence of the effects of pollution havens. However, before we separate the FDI into …
Persistent link: https://www.econbiz.de/10012950905
The validity of existing empirical tests of the Pollution Haven Hypothesis (PHH) is constantly under scrutiny due to … environmental regulation on inbound FDI in pollution-intensive sectors, particularly when measured by employment, and (iii) larger …
Persistent link: https://www.econbiz.de/10013067531