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Van Imhoff (Evert), Post (Wendy). - Microsimulation methods for population projections Microsimulation differs from traditional macrosimulation in using a sample rather than the total population, in operating at the level of individual data rather than aggregated data, and in being based on...
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Van Imhoff (Evert), Post (Wendy). - Microsimulation methods for population projections Microsimulation differs from traditional macrosimulation in using a sample rather than the total population, in operating at the level of individual data rather than aggregated data, and in being based on...
Persistent link: https://www.econbiz.de/10010772104
The paper analyses optimal investment in physical and human capital when the (exogenous) rate of population growth changes. The growth model describes a closed economy with overlapping generations and homogeneous human capital. The optimal growth path is characterized by two groups of optimality...
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