Showing 1 - 10 of 48
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First … to men's. Second, increasing women's relative wages reduces fertility by raising the cost of children more than household … income. Third, lower fertility raises the level of capital per worker. This positive feedback loop generates a demographic …
Persistent link: https://www.econbiz.de/10005498148
policies affecting fertility, migration and human capital accumulation on growth and poverty alleviation. It underlines the … the return to education would trigger a virtuous cycle of fertility control, investment in education, poverty alleviation …
Persistent link: https://www.econbiz.de/10011195668
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10008577814
: efficiently or inefficiently. Under strong, but standard, assumptions regarding marriage market equilibria, marital sorting … efficient or not. We develop a new likelihood-based metric to compare marriage market fits under the two alternative behavioral …
Persistent link: https://www.econbiz.de/10010959807
: efficiently or inefficiently. Under strong, but standard, assumptions regarding marriage market equilibria, marital sorting … efficient or not. We develop a new likelihood-based metric to compare marriage market fits under the two alternative behavioral …
Persistent link: https://www.econbiz.de/10011043031
This paper examines a novel mechanism linking fertility and growth. Household fertility is determined by relative wages … of women and men. Increasing women's wages reduces fertility by raising the cost of children relatively more than … household income. Lower fertility raises the level of capital per worker which in turn, since capital is more complementary to …
Persistent link: https://www.econbiz.de/10005580726
This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....
Persistent link: https://www.econbiz.de/10005662118
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10005666934
This paper examines the historical evolution of the relationship between population growth, technological change, and the standard of living. It considers several unified models that encompass the transition between three distinct regimes that have characterized the process of economic...
Persistent link: https://www.econbiz.de/10005791656
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This uni...ted theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10005196962