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Growth, Development, and Technological Change
Grossmann, Volker - 2007
The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic structure of endogenous growth models with horizontal as...
Persistent link: https://www.econbiz.de/10012777881
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Gary Becker on the Quantity and Quality of Children
Doepke, Matthias - 2014
This paper reviews Gary Becker's contributions to the economic analysis of fertility, from his 1960 paper introducing … the quantity-quality tradeoff to later work linking the economics of fertility to the theory of economic growth …
Persistent link: https://www.econbiz.de/10013043702
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The Economic and Demographic Transition, Mortality, and Comparative Development
Cervellati, Matteo - 2013
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10013086663
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Human Capital, Mortality and Fertility : A Unified Theory of the Economic and Demographic Transition
Cervellati, Matteo; Sunde, Uwe - 2021
about fertility, education of their children and the type and intensity of the investments in their own education. These … formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern … growth regime in which lower net fertility is associated with the acquisition of human capital and improved living standards …
Persistent link: https://www.econbiz.de/10013316935
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Inequality and Growth : The Role of Human Capital with Heterogeneous Skills
Borissov, Kirill - 2016
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...
Persistent link: https://www.econbiz.de/10012985671
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Human Capital Investments and Family Size in Italy : IV Estimates Using Twin Births as an Instrument
Ponzo, Michela; Scoppa, Vincenzo - 2022
Human capital investments at an early age appear crucial for individual outcomes. Family size might affect these investments influencing parental time and economic resources invested in children's education. This aspect is related to the children quantity-quality trade-off proposed by Becker...
Persistent link: https://www.econbiz.de/10014083934
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Quantifying Optimal Growth Policy
Grossmann, Volker - 2010
The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...
Persistent link: https://www.econbiz.de/10013141717
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To Be or Not to Be : The Entrepreneur in Neo-Schumpeterian Growth Theory
Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2022
Based on a review of 700+ peer-reviewed articles since 1990, identified using text mining methodology and supervised machine learning, we analyze how neo-Schumpeterian growth theorists relate to the entrepreneur-centered view of Schumpeter (1934) and the entrepreneurless framework of Schumpeter...
Persistent link: https://www.econbiz.de/10014244277
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Culture, Entrepreneurship, and Growth
Doepke, Matthias - 2014
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10013063592
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Growth, Development, and Technological Change
Grossmann, Volker; Steger, Thomas M. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
The theory of endogenous technical change has deeply contributed to our understanding ofthe fundamental sources of economic growth and development. In this chapter we surveyimportant contributions in the field by focussing on the basic structure of endogenous growthmodels with horizontal as well...
Persistent link: https://www.econbiz.de/10005863368