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Divergence, convergence, and the history-augmented Solow model

Kufenko, Vadim; Prettner, Klaus; Geloso, Vincent - 2017

We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …

Persistent link: https://www.econbiz.de/10011671956

Globalization and taste convergence : the cases of wine and beer

Aizenman, Joshua; Brooks, Eileen L. - 2005

data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … converging, several Latin American countries fail to converge. The patterns of convergence are consistent with dynamics of …

Persistent link: https://www.econbiz.de/10011520443

Higher education and the fall and rise of inequality

Prettner, Klaus; Schaefer, Andreas - 2016

We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel overlapping generations model with three social classes: the rich, the middle class, and the poor. We show that there is an initial phase in which no social class invests in higher...

Persistent link: https://www.econbiz.de/10011439186

Religiosity and income : a panel cointegration and causality analysis

Herzer, Dierk; Strulik, Holger - 2013

Persistent link: https://www.econbiz.de/10009781377

Religiosity and long-run productivity growth

Herzer, Dierk; Strulik, Holger - 2016

In this paper, we show, using a panel of developed countries, that there is a long-run negative association between church attendance and total factor productivity (TFP) with predictive causality running from declining church attendance to increasing factor productivity. According to our...

Persistent link: https://www.econbiz.de/10011490822

Takeoffs

Aizenman, Joshua; Spiegel, Mark - 2007

This paper identifies factors associated with takeoff - a sustained period of high growth following a period of stagnation. We examine a panel of 241 stagnation episodesʺ from 146 countries, 54 % of these episodes are followed by takeoffs. Countries that experience takeoffs average 2.3% annual...

Persistent link: https://www.econbiz.de/10003855051

The determinants of subsistence income in a Malthusian world

Strulik, Holger; Weisdorf, Jacob - 2009

This study constructs a simple, two-sector Malthusian model with agriculture and industry, and use it to identify the determinants of subsistence income. We make standard assumptions about preferences and production technology, but by contrast to existing studies we assume that children and...

Persistent link: https://www.econbiz.de/10003857649

Longevity and technological change

Gehringer, Agnieszka; Prettner, Klaus - 2014

We analyze the impact of increasing longevity on technological progress within an R&D-based endogenous growth framework and test the modelś implications on OECD data from 1960 to 2011. The central hypothesis derived in the theoretical part is that - by raising the incentives of households to...

Persistent link: https://www.econbiz.de/10010403004

Longevity and technological change

Gehringer, Agnieszka; Prettner, Klaus - 2014

We analyze the impact of increasing longevity on technological progress within an R&D-based endogenous growth framework and test the model's implications on OECD data from 1960 to 2011. The central hypothesis derived in the theoretical part is that - by raising the incentives of households to...

Persistent link: https://www.econbiz.de/10010403678

The history augmented Solow model

Dalgaard, Carl-Johan; Strulik, Holger - 2013 - This Version: March 2013

Persistent link: https://www.econbiz.de/10009723606