Showing 1 - 10 of 32
We use the theory of rationalizable choices to study the survival and the extinction of types (or traits) in …
Persistent link: https://www.econbiz.de/10010738933
We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …
Persistent link: https://www.econbiz.de/10010933813
uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does … not. In this framework, long-term growth is entirely driven by precautionary savings. In particular, we show that the … asymptotic growth rate of the expected capital stock is an increasing function of both the risk parameter and the Arrow …
Persistent link: https://www.econbiz.de/10010933848
growing economy, that is when population growth is optimal in the long-run, this egalitarian rule can only hold when (i) the … cases, for small enough life spans, procreation is never optimal, leading to finite time extinction and maximal consumption …
Persistent link: https://www.econbiz.de/10010933933
The paper investigates the impact of ownership concentration on GDP growth, for a sample of 18 OECD countries over the … period 1980 to 2004. The econometric analysis shows that more concentrated ownership can speed up growth, for countries … regulation, the logic of financial markets discipline applies and dispersed ownership appears as more favorable for growth. Based …
Persistent link: https://www.econbiz.de/10010930206
Recently, many contributions have focused on the relationship between capital accumulation, growth and population … environmental concerns. One can therefore explain a simultaneous increase of capital intensity, population growth and pollution … capital intensity, population growth and pollution. …
Persistent link: https://www.econbiz.de/10009325714
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …
Persistent link: https://www.econbiz.de/10009643229
Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the … "capital accumulation channel" and the "total factor productivity (TFP) growth channel". This paper carries out the first … empirical investigation on the TFP growth channel. More specifically, we provide answers to the three following questions: Does …
Persistent link: https://www.econbiz.de/10010899605
between skilled labor and unskilled labor wages. The question we ask is how the growth process shapes the wage inequality and … on the set of steady states and find that this relations hip is ambiguous. Finally, we develop an endogenous-growth … version of the model. In this version of the model the relationship between inequality and the rate of growth is also …
Persistent link: https://www.econbiz.de/10010899820
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10010899864