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Persistent link: https://www.econbiz.de/10012127165
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, our theory predicts that faster economic growth promotes inequality. …
Persistent link: https://www.econbiz.de/10011620638
We analyze the effects of children's health on human capital accumulation and on long-run economic growth. For this purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by parental education and health investments. We show that i)...
Persistent link: https://www.econbiz.de/10011609038
We analyze the impact of status preferences on technological progress and long-run economic growth within an R&D-based framework. For this purpose, we extend the standard relative wealth approach by allowing the various assets held by households to differ with respect to their status relevance....
Persistent link: https://www.econbiz.de/10011533063
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contrast to conventional wisdom, our theory predicts that faster economic growth promotes inequality. Because education and …
Persistent link: https://www.econbiz.de/10011754634
We analyze the economic growth effects of rising longevity in a framework of endogenous growth driven by quality-improving innovations. We show that a rise in longevity raises savings and thereby reduces the market interest rate. Since the monopoly profits generated by a successful innovation...
Persistent link: https://www.econbiz.de/10011761615
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … higher growth of productivity and income per capita are associated with lower population growth. The medium-run prospects for … - are thus much better than predicted by conventional R&D-based growth theory. …
Persistent link: https://www.econbiz.de/10008809945
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or …-off explains why higher growth of productivity and income per capita are associated with lower population growth. The medium … countries - are thus much better than predicted by conventional R&D-based growth theory. …
Persistent link: https://www.econbiz.de/10009675344