traditional equilibrium, contraceptives are not used, fertility is high and education and growth are low. At the modern … equilibrium, contraceptives are used, fertility is low and further declining with increasing income, and education and growth are … provide more education for their children and leads to an earlier uptake of modern contraceptives and an earlier onset of the …

In this paper, I introduce depression to the economics of human health and aging. Based on studies from happiness … research, depression is conceptualized as a drastic loss of utility and value of life (life satisfaction) for unchanged … fundamentals. The model is used to explain how untreated depression leads to unhealthy behavior and adverse health outcomes …

calibrate the model to US data and show that the historical evolution of increasing education and declining labor supply can be …

-founded education and fertility decision of households into a model of international trade with firm heterogeneity. Our theoretical … framework leads to two testable implications: i) the export share of a country increases with the education level of its … population, ii) the average profitability of firms located in a country also increases with the education level of its population …

We generalize a trade model with firm-specific heterogeneity and R&D-based growth to allow for an endogenous education …

A core mechanism of unified growth theory is that accelerating technological progress induces mass education and … gender wage gap, we establish (1) a significant impact of technological progress on education (positive) and fertility …