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This dissertation examines the relationships among measures of mortality, fertility,burden of disease, and … fertility levels; (2) if achild health model provides a stronger indicator of fertility than child mortality alone;and (3) what … indicatorsof fertility change and produce better results than population mortality or socioeconomicfactors alone. Use of health …
Persistent link: https://www.econbiz.de/10009458941
decisions and income growth of lowered life expectancy as a result of diseases such as HIV/AIDS. We show that an increased …
Persistent link: https://www.econbiz.de/10009444818
We consider a Diamond-type model of endogenous growth in which there are three assets: fiat money, government bonds, and equity. Because of productivity shocks, the equity return is uncertain, and risk-averse investors require a positive equity premium. Typically, there exist two steady states,...
Persistent link: https://www.econbiz.de/10009471679
, capital and income shares respond to wage-setting shocks and show that adjustment dynamics depend decisively on the magnitude …
Persistent link: https://www.econbiz.de/10009471681
This paper considers an endogenous growth model with productive government spending in which overlapping generations of agents vote sequentially on policy. With sequential majority voting, there is a multiplicity of politico-economic equilibria originating from self-fulfilling policy...
Persistent link: https://www.econbiz.de/10009471682
In this paper, we analyze how to utilize discount rates in intergenerational projects. Firstly, neoclassical decision-making is depicted in Ramsey and overlapping-generations models (OLG-models). Afterwards we investigate the utilization of time preference rates and opportunity cost rates in an...
Persistent link: https://www.econbiz.de/10009475344
The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the attention of economists to such questions as how a financial system should be structured in order to reduce the vulnerability of an economy to the risk of a crisis, or what...
Persistent link: https://www.econbiz.de/10009476251
In this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a...
Persistent link: https://www.econbiz.de/10009452479
Este artículo considera un modelo de generaciones solapadas, aplicado a una economía pequeña, abierta al comercio internacional y caracterizada por la existencia de competencia imperfecta en los mercados de bienes y de trabajo, para analizar: i) cuáles fueron los principales determinantes de...
Persistent link: https://www.econbiz.de/10012530332
El envejecimiento de la población es un proceso imparable que continúa suponiendo un reto para la sostenibilidad del sistema de reparto de pensiones en la mayoría de los países desarrollados, incluida España. Gran parte de estos países necesitan llevar a cabo reformas en sus sistemas de...
Persistent link: https://www.econbiz.de/10012530444