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adjustment dynamics in line with the historical facts on savings and economic growth in Europe from the High Middle Ages to today …
Persistent link: https://www.econbiz.de/10010270036
much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …
Persistent link: https://www.econbiz.de/10011653022
This paper develops a bioeconomic Malthusian growth model. By integrating recent research on allometric scaling, energy consumption and ontogenetic growth, we provide a model where subsistence consumption is endogenously linked to body size and fertility. The theory admits a unique Malthusian...
Persistent link: https://www.econbiz.de/10010265679
Drawing on recent research on allometric scaling and energy consumption, the present paper develops a nutrition-based efficiency wage model from first principles. The biologically micro-founded model allows us to address empirical criticism of the original nutrition-based efficiency wage model....
Persistent link: https://www.econbiz.de/10010265684
purpose, we use four waves of the Survey of Health, Aging and Retirement in Europe (SHARE dataset) and construct a health …
Persistent link: https://www.econbiz.de/10011590639
Survey of Health, Aging, and Retirement in Europe (SHARE) and construct a frailty index for elderly men and women from 10 …
Persistent link: https://www.econbiz.de/10012799670
five waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) dataset and construct a frailty index for …
Persistent link: https://www.econbiz.de/10012234809
Financial markets in Europe become more and more integrated. The persisting fragmentation of financial supervision …
Persistent link: https://www.econbiz.de/10010297411
Europe since 1980, we find evidence suggesting that the position in terms of the tax burden imposed on corporate income …
Persistent link: https://www.econbiz.de/10010298038
A neoclassical growth model is augmented by a corporate sector, financial intermediation, and a set of tax rates. In this setting, capital structure is determined by the interplay between an advantage of debt finance resulting from the tax system and a disadvantage resulting from asymmetric...
Persistent link: https://www.econbiz.de/10010262982