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developed world. Absent an immediate and dramatic change in immigration, dependency ratios will roughly double over the next …
Persistent link: https://www.econbiz.de/10013237964
Between 1870 and 1913, economic convergence among present OECD members (or even a wider sample of countries) was … dramatic, about as dramatic as it has been over the past century and a half. The convergence can be documented in GDP per … worker-hour, GDP per capita and in real wages. What were the sources of the convergence? One prime candidate is mass …
Persistent link: https://www.econbiz.de/10013093434
We analyze the effect of fertility on income per capita with a particular focus on the experience of Europe. For European countries with below-replacement fertility, the cost of continued low fertility will only be observed in the long run. We show that in the short run, a fall in the fertility...
Persistent link: https://www.econbiz.de/10012757668
payroll tax rates. This paper asks if there is a silver lining in this dark cloud hanging over the developed world … developed world's fiscal problems, macroeconomic feedback effects make matters significantly worse. The simulations also show … that increased immigration does very little to mitigate the fiscal stresses facing the developed world. On the other hand …
Persistent link: https://www.econbiz.de/10013249182
This paper examines the relationship between openness, trade, and migration in the Asia-Pacific region during the post-1970 period. Conventional reduced-form empirical-growth specifications are augmented by an appeal to structural modelling, an extension that reveals a rich set of interactions...
Persistent link: https://www.econbiz.de/10013225403
late 19th century. The convergence was pronounced as that which we have seen in the post World War Il period. This paper … uses computable general equilibrium models to isolate the sources of that economic convergence by assessing the relative … performance of the two most important economies in the Old World and the New -- Britain and the USA. It turns out that between …
Persistent link: https://www.econbiz.de/10013246532
globalization pressures, I find little evidence of earnings convergence for a sample of 75" countries over the 1963-92 period. This …
Persistent link: https://www.econbiz.de/10013310551
Freedom of movement is considered a basic human right by the majority of countries of the world. As defined in practice …, largely as a result of the immense international differences in labor productivity that exist in the world today. As an …
Persistent link: https://www.econbiz.de/10013137010
Although a large literature argues that European settlement outside of Europe shaped institutional, educational, technological, cultural, and economic outcomes, researchers have been unable to directly assess these predictions because of an absence of data on colonial European settlement. In...
Persistent link: https://www.econbiz.de/10013104984
We report results from the first systematic study of the mobility of scientists engaged in research in a large number of countries. Data were collected from 17,182 respondents using a web-based survey of corresponding authors in 16 countries in four fields during 2011. We find considerable...
Persistent link: https://www.econbiz.de/10013066117