Showing 1 - 10 of 30
Economists increasingly accept that social norms have powerful effects on human behavior and outcomes. In recent history, one norm widely adhered to in most developed nations has been for men to be the primary breadwinner within mixed-gender households. As women have entered the labor market in...
Persistent link: https://www.econbiz.de/10011949006
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
Persistent link: https://www.econbiz.de/10009619095
impacts upon technological progress and thereby also on productivity growth. The empirical results clearly confirm the … detrimental to economic prosperity, at least as far as technological progress and productivity growth are concerned. …
Persistent link: https://www.econbiz.de/10010403004
Persistent link: https://www.econbiz.de/10014457776
. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …
Persistent link: https://www.econbiz.de/10012099164
. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …
Persistent link: https://www.econbiz.de/10012140102
. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …
Persistent link: https://www.econbiz.de/10011868214
We analyze the short- and long-run effects of public education on economic growth and welfare. In so doing, we extend an R&D-based economic growth model by including a governmental sector that levies labor income taxes and uses the proceeds to finance teachers. An increase in the tax rate...
Persistent link: https://www.econbiz.de/10011301593
We introduce publicly funded education into R&D based economic growth theory. Our framework allows us to i) explicitly describe a realistic process of human capital accumulation within these types of growth models, ii) reconcile semi-endogenous growth theory with the empirical evidence on the...
Persistent link: https://www.econbiz.de/10010310617
We propose a novel framework to analyse the macroeconomic impact of non-communicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic costs of chronic health conditions in terms of foregone...
Persistent link: https://www.econbiz.de/10011704338