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We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10013009852
This paper presents the long-run equilibrium and development dynamics in the neoclassical growth model and a simple model of endogenous growth when property rights are absent. The results are compared to the outcome in a corresponding model with secure property rights. The main findings are that...
Persistent link: https://www.econbiz.de/10014064272
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and high growth are phenomena of the modern period. In order to explain these phenomena we propose an innovation-driven growth model for the very long run in which the...
Persistent link: https://www.econbiz.de/10014146209
Persistent link: https://www.econbiz.de/10012126604
In this paper, I explore in an overlapping generations framework, a mechanism motivating a neurobiological poverty trap …. Poverty causes stress and depression in individuals susceptible to depression. Poor and depressed individuals discount the … depression but also stress and poverty. I show that a successful one-time intervention has the power to permanently eliminate the …
Persistent link: https://www.econbiz.de/10011556908
Women in developing countries face challenges in terms of managing their menstrual hygiene. Oftentimes they do not possess the right means nor materials nor have access to the right facilities. Using a newly released dataset for Burkina Faso and propensity score matching, we provide for the...
Persistent link: https://www.econbiz.de/10011951248
Persistent link: https://www.econbiz.de/10008902750
Household poverty is a powerful motive for child labor and working frequently comes at the expense of schooling for …
Persistent link: https://www.econbiz.de/10003612613
We set up a unified growth model with gender-specific differences in tastes for consumption, fertility, education of daughters and sons, and consider the intra-household bargaining power of spouses. In line with the empirical regularity for less developed countries, we assume that mothers desire...
Persistent link: https://www.econbiz.de/10013046786
Messung menschlicher Armut und Entwicklung gibt es seit den späten 70er Jahren zunehmendes Interesse an der Ökonomie des …
Persistent link: https://www.econbiz.de/10012321273