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the other hand, growth is higher in economies with greater parental altruism. Cross-country regressions using the World …
Persistent link: https://www.econbiz.de/10011524110
-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a …
Persistent link: https://www.econbiz.de/10013321091
The paper studies the determinants of income distribution and growth in an overlapping generations economy with … an endogenous growth model. First, we explore the effects of technological improvements in the human capital process … progress on growth and relate these results to the income distribution inequality. Third, we provide numerical simulations to …
Persistent link: https://www.econbiz.de/10011399283
The paper studies the determinants of income distribution and growth in an overlapping generations economy … all young individuals of the same generation.Due to investments in human capital our economy exhibits endogenous growth … date along theequilibrium path. Second, we study the impact of such technogical progress on growth and relate these results …
Persistent link: https://www.econbiz.de/10011318579
The paper studies the determinants of income distribution and growth in an overlapping generations economy with … is an endogenous growth model. First, we explore the effects of technological improvements in the human capital process … progress on growth and relate these results to the income distribution inequality. Third, we provide numerical simulations to …
Persistent link: https://www.econbiz.de/10013320880
the normal retirement age from sixty-six to seventy-three, or 4) means-test the benefits and reduce them one-to-one with … participation ; retirement age ; demographic shift ; overlapping generations …
Persistent link: https://www.econbiz.de/10009266746
Endogenous time discounting is introduced in a two-period human-capital-driven growth model: subjective discount rate … development regimes and it illustrates wider role of education in tackling possible development traps. -- growth ; human capital …
Persistent link: https://www.econbiz.de/10003755176
family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … converge to a balanced growth path where the average transmission of human capital from parents to childern determines the long …
Persistent link: https://www.econbiz.de/10011566054
Asian Americans faced a disproportionately larger surge in unemployment rates than other racial and ethnic groups during the Covid-19 pandemic. While existing literature typically examines labor demand channels to explain this, we instead explore a labor supply channel. Our hypothesis is that...
Persistent link: https://www.econbiz.de/10014233267
and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …
Persistent link: https://www.econbiz.de/10010528342