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We generalize a trade model with firm-specific heterogeneity and R&D-based growth to allow for an endogenous education …
Persistent link: https://www.econbiz.de/10010332896
We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of … developed countries, we assume that mothers desire to have no more children than fathers and to invest no less in education per … education, and sluggish economic growth towards a state of low fertility, high education, and fast economic growth if the child …
Persistent link: https://www.econbiz.de/10010409462
firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …
Persistent link: https://www.econbiz.de/10010314667