Showing 1 - 10 of 572
This paper examines whether management changes caused by the entry of the baby boom into the workforce explain the US productivity slowdown in the 1970s and resurgence in the 1990s. Lucas (1978) suggests that the quality of managers plays a significant role in determining output. If there is...
Persistent link: https://www.econbiz.de/10008634655
advancements in household technology from 1940 to 1960 account for this large increase in fertility. We present new empirical … evidence that is inconsistent with this claim. Rapid advances in household technology began long before 1940 while fertility … fertility rates from 1940 to 1960; and the correlation between children ever born (measured at ages 41 to 60) and access to …
Persistent link: https://www.econbiz.de/10005718609
How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a non-parametric upper bound on the increase in output that can be generated by more schooling. The advantage of our...
Persistent link: https://www.econbiz.de/10009652860
Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends %u2013 in a subtle way %u2013 on the details of...
Persistent link: https://www.econbiz.de/10005030921
Using micro-data from 48 developing countries, I document a recent reversal in the income-fertility relationship and … century's end, both patterns had reversed. Consequently, income differentials in fertility historically raised average …
Persistent link: https://www.econbiz.de/10010951054
the downward trends in family formation and fertility worldwide, and for a slowdown in the rates of savings and economic …
Persistent link: https://www.econbiz.de/10005248856
Today's labor-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this dual...
Persistent link: https://www.econbiz.de/10005087443
"preventive checks" (marriage, fertility). Developing economies since the Industrial Revolution, and more recently especially … Asian economies, have experienced steady income growth accompanied by sharply falling fertility and mortality rates. We … develop a dynamic model of endogenous fertility, longevity, and human capital formation within a Malthusian framework that …
Persistent link: https://www.econbiz.de/10005710563
Klaus Deininger and Lyn Squire have recently produced an inequality data base for a panel of countries from the 1960s to the 1990s. We use these data to decompose the sources of inequality into three central parts: the demographic or cohort size effect; the so-called Kuznets Curve or demand...
Persistent link: https://www.econbiz.de/10005710901
Perhaps the most important change of the last century was the great expansion of life itself -- in the US alone, life expectancy increased from 48 to 78 years. Recent economic estimates confirm this claim, finding that the economic value of the gain in longevity was on par with the value of...
Persistent link: https://www.econbiz.de/10005720142