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We study the general equilibrium properties of two growth models with overlapping generations, habit formation and endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in fertility; station- ary income per capita is...
Persistent link: https://www.econbiz.de/10011753141
This paper discusses some of the recent developments in growth theory, doing so from the perspective of a small open …
Persistent link: https://www.econbiz.de/10011506527
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do not examine the determinants of the level of per capita income as an indication that a certain theory has better …
Persistent link: https://www.econbiz.de/10010285333
A relatively high labor-intensity in government-run entities need not imply slack in their organization. Rather, it is a rational reaction to various forms of wage tax advantage that the public sector has over private firms. Even though an unequal tax treatment of public and private sectors...
Persistent link: https://www.econbiz.de/10010261245
Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may be a rational response to its wage tax advantage over private firms. A tax-favored treatment of public production...
Persistent link: https://www.econbiz.de/10010262155
Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the important co-evolutionary dimensions of innovation....
Persistent link: https://www.econbiz.de/10010270414
The theory of welfare accounting shows that comprehensive measures of net investment can be used to test whether an …
Persistent link: https://www.econbiz.de/10011753208
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Motivation/Energie sowie verringerte Absentismuszahlen. Die Anreiz-Beitrags-Theorie bietet sich als Erklärungsmodell für diese …-wirken. Die ebenfalls angewandten motivationstheoretischen Elemente der Cognitive Evaluation Theory und der Motivation Crowding … Theorie eignen sich weniger gut in ihrer Erklärungskraft der untersuchten Effekte, da die Differenzierung verschiedener …
Persistent link: https://www.econbiz.de/10014563959