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We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model … quantitative macroeconomic theory. We apply the model to examine the effect of a change in fertility from the UN medium-variant to …
Persistent link: https://www.econbiz.de/10013120983
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model … quantitative macroeconomic theory. We apply the model to examine the effect of a change in fertility from the UN medium-variant to …
Persistent link: https://www.econbiz.de/10012461281
Persistent link: https://www.econbiz.de/10011556725
Persistent link: https://www.econbiz.de/10002064459
This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....
Persistent link: https://www.econbiz.de/10013247642
This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....
Persistent link: https://www.econbiz.de/10012472002
This paper develops a unified growth model that captures the historical evolution of population, technology, and output. It encompasses the endogenous transition between three regimes that have characterized economic development. The economy evolves from a Malthusian regime, where technological...
Persistent link: https://www.econbiz.de/10014138029
Persistent link: https://www.econbiz.de/10009308377
Persistent link: https://www.econbiz.de/10009563936
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model …
Persistent link: https://www.econbiz.de/10009299560