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See also the publication in the <I>European Economic Review</I>, 2002, 301-327.<P> The paper considers a two-country model of overlapping generations heterogenouseconomies with intergenerational transfers carried out in the form of bequest and investmentin human capital. We examine in competitive...</p></i>
Persistent link: https://www.econbiz.de/10011261919
The paper considers a two-country model of overlapping generations heterogenous
Persistent link: https://www.econbiz.de/10005137211
Although intergenerational transfers of time in the form of grandparenting are substantial, little is known about their role and importance. In this paper, we calibrate an overlapping generations model extended to allow for both time and monetary transfers to the US economy. We use simulations...
Persistent link: https://www.econbiz.de/10005069681
This paper examines the implications of intergenerational transfers of time and money for labor supply and capital accumulation. Although intergenerational transfers of time in the form of grandparenting are as substantial as monetary transfers in the data, little is known about the role and...
Persistent link: https://www.econbiz.de/10005074121
The paper studies the determinants of income distribution and growth in an overlapping generations economy … all young individuals of the same generation.Due to investments in human capital our economy exhibits endogenous growth … date along theequilibrium path. Second, we study the impact of such technogical progress on growth and relate these results …
Persistent link: https://www.econbiz.de/10011261934
The paper studies the determinants of income distribution and growth in an overlapping generations economy with … exhibits endogenous growth. First, we explore the effects of technological change in human capital formation, upon the … distribution of income at each date along the equilibrium path. Second, we study the impact of such technogical progress on growth …
Persistent link: https://www.econbiz.de/10005137322
The paper studies the determinants of income distribution and growth in an overlapping generations economy with …
Persistent link: https://www.econbiz.de/10005675357
-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a …
Persistent link: https://www.econbiz.de/10005487322
In this paper we use growth accounting methodology to study whether human capital explains a part of total factor … productivity in transition. The results that are obtained are not in support of the theoretical findings of growth theory that … human capital is a major determinant of growth and productivity. However, eventually we continue to believe that the reasons …
Persistent link: https://www.econbiz.de/10005062742
This article surveys models of endogenous growth which are based on the microeconomic theory of family behaviour. A … growth of income via investment decisions in human capital and the cost of time constitute the recurrent element of these … essential to understand the link between growth and income distribution. _________________________________ Cet article …
Persistent link: https://www.econbiz.de/10005416763