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We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …
Persistent link: https://www.econbiz.de/10011596523
A simple classical-Marxian model of growth and distribution is developed in which education transforms low …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …
Persistent link: https://www.econbiz.de/10011596528
material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R …&D-based endogenous growth model with exhaustible natural resources, labour, knowledge, and physical capital as inputs, the present paper … addresses this critique. We study transitional dynamics and the long-term growth path and identify conditions under which firms …
Persistent link: https://www.econbiz.de/10011592713
the household is also affected as subsequent fertility is lower and partnership dissolution is more common. Finally …
Persistent link: https://www.econbiz.de/10012142398
This paper develops and estimates a dynamic model of discrete choice for labor supply, fertility and transition from … level wages led to lower fertility also contributing to the decline,because households with children are more likely to own …
Persistent link: https://www.econbiz.de/10012142399
We investigate the role of grandparental childcare for fertility decisions of their offspring. Exploiting pension … completed fertility for many cohorts in our data. Consistent with our interpretation, we show that results are limited to the … of changes of living arrangements and labor supply. Given the Italian lowest low fertility, we conclude that pension …
Persistent link: https://www.econbiz.de/10011283009
This paper uses microdata from Brazilian natality and mortality vital statistics between 2000 and 2010 to estimate the …
Persistent link: https://www.econbiz.de/10011286512
fertility preferences with women’s, and correcting women’s beliefs about pregnancy risk absent contraception have the potential …
Persistent link: https://www.econbiz.de/10012599727
fertility. As male education remains unchanged by the reforms, later life education reduces the pre-existing gender earnings gap …
Persistent link: https://www.econbiz.de/10012284742
at aiding families. The outcomes of interest are female employment, gender gaps in earnings and fertility. We begin with …
Persistent link: https://www.econbiz.de/10011596290