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Risky Human Capital Investment, Income Distribution, and Macroeconomic Dynamics
Grossmann, Volker - Institute for the Study of Labor (IZA) - 2003
uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It … impact of higher inequality on the aggregate human capital stock, and thus, on growth may be positive. This result rests on …
Persistent link: https://www.econbiz.de/10005822202
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Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits
Galor, Oded; Michalopoulos, Stelios - Institute for the Study of Labor (IZA) - 2012
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10009646338
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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 … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010531693
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Risky human capital investment, income distribution, and macroeconomic dynamics
Grossmann, Volker - 2003
uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It … impact of higher inequality on the aggregate human capital stock, and thus, on growth may be positive. This result rests on …
Persistent link: https://www.econbiz.de/10010261651
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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector
Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 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 … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10011265664
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Evolution and the growth process: Natural selection of entrepreneurial traits
Galor, Oded; Michalopoulos, Stelios - 2012
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010282576
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Global climate change and the resurgence of tropical disease: An economic approach
Gollin, Douglas; Zimmermann, Christian - 2010
We study the impact of global climate change on the prevalence of tropical diseases using a heterogeneous agent dynamic general equilibrium model. In our framework, households can take actions (e.g., purchasing bednets or other goods) that provide partial protection from disease. However, these...
Persistent link: https://www.econbiz.de/10010269933
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Global Climate Change and the Resurgence of Tropical Disease: An Economic Approach
Gollin, Douglas; Zimmermann, Christian - Institute for the Study of Labor (IZA) - 2010
We study the impact of global climate change on the prevalence of tropical diseases using a heterogeneous agent dynamic general equilibrium model. In our framework, households can take actions (e.g., purchasing bednets or other goods) that provide partial protection from disease. However, these...
Persistent link: https://www.econbiz.de/10008466026
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Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country
Berlemann, Michael; Steinhardt, Max; Tutt, Jascha - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …
Persistent link: https://www.econbiz.de/10010531715
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Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country
Berlemann, Michael; Steinhardt, Max; Tutt, Jascha - Institute for the Study of Labor (IZA) - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …
Persistent link: https://www.econbiz.de/10011273191