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Persistent link: https://www.econbiz.de/10013359248
We develop a macroeconomic theory of the division of household tasks between servants and own work and how it is affected by automation in households and firms. We calibrate the model for the U.S. and apply it to explain the historical development of household time use and the distribution of...
Persistent link: https://www.econbiz.de/10012820860
We develop a macroeconomic theory of the division of household tasks between servants and own work and how it is affected by automation in households and firms. We calibrate the model for the U.S. and apply it to explain the historical development of household time use and the distribution of...
Persistent link: https://www.econbiz.de/10013291087
We develop a macroeconomic theory of the division of household tasks between servants and own work and how it is affected by automation in households and firms. We calibrate the model for the U.S. and apply it to explain the historical development of household time use and the distribution of...
Persistent link: https://www.econbiz.de/10012873488
investment subsidy can be useful in order to reduce consumption and to increase investment, growth, and welfare of the long …-run self. A consumption tax, perhaps surprisingly, is counterproductive. It induces individuals with limited self-control to …
Persistent link: https://www.econbiz.de/10010327625
Persistent link: https://www.econbiz.de/10010223100
pleasure from consumption than religious individuals, leading secular individuals to work harder and to save more in order to … experience this pleasure from consumption. These activities are conducive to economic growth. Higher income makes consumption …
Persistent link: https://www.econbiz.de/10013026464
Persistent link: https://www.econbiz.de/10011576483
investment subsidy can be useful in order to reduce consumption and to increase investment, growth, and welfare of the long …-run self. A consumption tax, perhaps surprisingly, is counterproductive. It induces individuals with limited self-control to …
Persistent link: https://www.econbiz.de/10010980823
We hypothesize that the timing of the fertility transition is an important determinant of comparative physiological development. In support, we provide a model of long-run growth, which elucidates the links between population size, average body size and income during development....
Persistent link: https://www.econbiz.de/10010294428