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Essays on Macroeconomics and Population Growth
Vandenbroucke, Guillaume - Economie d'Avant Garde - 2004
explained within the context of the decline in fertility that has occurred over the last 200 years? The hypothesis is that: (i …) The decline in fertility is due to the rise in real wages that increased the opportunity cost of children; and (ii) the … equilibrium model is proposed, with three ingredients: endogenous fertility, investment in land, and migration. The relative …
Persistent link: https://www.econbiz.de/10005034298
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The American Frontier: Technology versus Immigration
Vandenbroucke, Guillaume - In: Review of Economic Dynamics 11 (2008) 2, pp. 283-301
investigates, quantitatively, its effect on the westward movement of population and the regional and secular changes in fertility … optimal growth model with endogenous fertility and migration is calibrated, and counterfactual experiments reveal that the …
Persistent link: https://www.econbiz.de/10004970368
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The American Frontier: A Hundred Years of Western Settlement
Vandenbroucke, Guillaume - Society for Economic Dynamics - SED - 2004
developed with three ingredients: endogenous fertility, investment in land, and migration. The secular decline in fertility is … driven by the rise in real wages. The relative abundance of land in the West promotes higher fertility. The model is … simulated to see whether it can match the time-series decomposition of population growth between migration and fertility. It can …
Persistent link: https://www.econbiz.de/10005085485
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Optimal fertility during World War I
Vandenbroucke, Guillaume - Volkswirtschaftliche Fakultät, … - 2011
.36 millions over 4 years while military losses are estimated at 1.4 millions. In short, the fertility decline doubled the … demographic impact of the War. Why did fertility decline so much? The conventional wisdom is that fertility fell below its optimal … model of optimal fertility choice where households reaching their childbearing years on the eve of WWI face a loss of …
Persistent link: https://www.econbiz.de/10009401345
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Technological Progress and Economic Transformation
Greenwood, Jeremy; Seshadri, Ananth - National Bureau of Economic Research (NBER) - 2004
are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise …
Persistent link: https://www.econbiz.de/10005084673
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Social Change
Greenwood, Jeremy; Guner, Nezih - Society for Economic Dynamics - SED - 2006
Social norms are influenced by the technological environment that a society faces. Behavioral modes reflect purposive decision making by individuals, given the environment they live in. Thus, as technology changes, so might social norms. There were big changes in social norms during the 20th...
Persistent link: https://www.econbiz.de/10005051241
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Social Change
Greenwood, Jeremy; Guner, Nezih - C.E.P.R. Discussion Papers - 2007
Society is characterized by the common attitudes and behaviour of its members. Such behaviour reflects purposive decision making by individuals, given the environment they live in. Thus, as technology changes, so might social norms. There were big changes in social norms during the 20th Century,...
Persistent link: https://www.econbiz.de/10005792052
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Inclusive wealth with a changing but aging population
Yamaguchi, Rintaro - In: Economics Letters 124 (2014) 1, pp. 21-25
We consider the effect of population age distribution in inclusive wealth accounting. Numerical results demonstrate that the wealth of nations with an aging demographic structure, as well as those with a rapidly increasing working-age generation, may have been overestimated.
Persistent link: https://www.econbiz.de/10010784976
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The Evolution of Education: A Macroeconomic Analysis
Restuccia, Diego; Vandenbroucke, Guillaume - University of Toronto, Department of Economics - 2012
Between 1940 and 2000 there has been a substantial increase of educational attainment in the United States. What caused this trend? We develop a model of human capital accumulation that features a non-degenerate distribution of educational attainment in the population. We use this framework to...
Persistent link: https://www.econbiz.de/10010850113
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On some criteria for the formulation and testing of economic growth models
Santos, Manuel S. - In: Spanish Economic Review 4 (2002) 1, pp. 1-18
This paper presents a methodology for the formulation and testing of economic growth models. The model selected includes two production sectors with physical and human capital accumulation. These capital stocks are associated with spillover effects in the production of the physical good and in...
Persistent link: https://www.econbiz.de/10005371300