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In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone’s income can be appropriated by its model. Only people with the highest ability are cloned, while...
Persistent link: https://www.econbiz.de/10008532010
identifying the impact of spatial neighbours on the growth of a state. Results indicate significant spatial dependence among … states. The study also identifies the drivers of growth agriculture in the last four and a half decades and results indicate … that infrastructure like roads, irrigation, electricity aid in growth and so do quality of human capital. Hence …
Persistent link: https://www.econbiz.de/10010945378
This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘limited’ by the financial status of the parent. [CDE WP 101].
Persistent link: https://www.econbiz.de/10005341789
Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. Health human capital is introduced into a two-period overlapping generations model....
Persistent link: https://www.econbiz.de/10008543124
In this paper a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention are analysed. The friction which is investigated is related to the ownership of children. If parents have no claim on their children’s...
Persistent link: https://www.econbiz.de/10008543088
as great as the population growth rate. [Working paper No. 137] …
Persistent link: https://www.econbiz.de/10008676972
Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].
Persistent link: https://www.econbiz.de/10010945264
The present speech analyses the significant role which can be played by the financial sector in spurring growth and …
Persistent link: https://www.econbiz.de/10010945291
Why has the economy landed in a trough of growth and high inflation and does not look like getting out of it in the …
Persistent link: https://www.econbiz.de/10010945329
The aim of this research is to explore the determinants of household income and expenditure growth, and assess whether …
Persistent link: https://www.econbiz.de/10010945338