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Docquier, Frédéric - 2014

quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor …

Persistent link: https://www.econbiz.de/10013060624

Immigration, Human Capital Formation and Endogenous Economic Growth

Ehrlich, Isaac - 2016

Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last four decades. Moreover, the population share of skilled migrants has been...

Persistent link: https://www.econbiz.de/10013001874

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

Education and Growth with Learning by Doing

Marconi, Gabriele - 2015

We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...

Persistent link: https://www.econbiz.de/10013021942

Optimal Price Indices for Targeting Inflation Under Incomplete Markets

Anand, Rahul - 2010

In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating … stabilize price movements in the flexible price sector. Also, in the presence of financial frictions, stabilizing core inflation … frictions a welfare-maximizing central bank should adopt flexible headline inflation targeting a target based on headline rather …

Persistent link: https://www.econbiz.de/10013139035

The Impact of Inflation Targeting on Inflation and Growth : How Robust is the Evidence?

Junankar, P. N. Raja - 2020

This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both … evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various … the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this …

Persistent link: https://www.econbiz.de/10012833231

Are Microloans Bad for Growth?

Emerson, Patrick M. - 2010

This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...

Persistent link: https://www.econbiz.de/10013136775

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 …

Persistent link: https://www.econbiz.de/10012777881

Unemployment and Productivity Growth : An Empirical Analysis within the Augmented Solow Model

Pannenberg, Markus; Bräuninger, Michael - 2021

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...

Persistent link: https://www.econbiz.de/10013321303

Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector

Welfens, Paul J. J. - 2015

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...

Persistent link: https://www.econbiz.de/10013023751