Showing 1 - 10 of 1,433
Labor Force States and flows between are useful tools to model individual dynamics in the labor market. This chapter reviews recent literature uncovering substantial heterogeneity in transitions across Labor Force States. We review methods and results by replicating leading studies using...
Persistent link: https://www.econbiz.de/10015145150
The demographic transition a change from high to low rates of mortality and fertility has been more dramatic in East Asia during this century than in any other region or historical period. By introducing demographic variables into an empirical model of economic growth, this essay shows that this...
Persistent link: https://www.econbiz.de/10012472544
Increases in the proportion of the working age population can yield a "demographic dividend" that enhances the rate of economic growth. We estimate the parameters of an economic growth model with a cross section of countries over the period 1960 to 1980 and investigate whether the inclusion of...
Persistent link: https://www.econbiz.de/10012465433
Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that many U.S. states have already experienced substantial growth in the size of their older...
Persistent link: https://www.econbiz.de/10012456225
A statistical agency faces several challenges in building Productivity Accounts. What started out as a request for simple ratios of output to employment has moved to a demand for multifactor (total factor) productivity measures that take into account both labor and capital inputs, the...
Persistent link: https://www.econbiz.de/10012467578
. In Canada the supply and use framework is used to determine the level of GDP but not all of the components of the flow of …/borrowing across sectors. This allows Canada to track the statistical system which provides independent estimates form establishment or …; Australia, Canada and the United Kingdom …
Persistent link: https://www.econbiz.de/10012467579
A number of recent papers have examined the role of environmental variables in accounting for economic growth, and have concluded that net measures of national product are superior to gross measures in portraying the outcome of the growth process. This paper argues that the two measures are not...
Persistent link: https://www.econbiz.de/10012475012
PPP-based national accounts have become an important part of the database for macroeconomists, development economists, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank's World Development Indicators; a substantial fraction of the world...
Persistent link: https://www.econbiz.de/10012464148
In all societies intergenerational transfers are large and have an important influence on inequality and growth. The development of each generation of youth depends on the resources that it receives from productive members of society for health, education, and sustenance. The well-being of the...
Persistent link: https://www.econbiz.de/10012465891
Economic growth is typically measured in per capita terms. But social welfare should arguably include the number of people as well as their standard of living. We decompose social welfare growth -- measured in consumption-equivalent (CE) units -- into contributions from rising population and...
Persistent link: https://www.econbiz.de/10014447320