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higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …
Persistent link: https://www.econbiz.de/10012773325
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …
Persistent link: https://www.econbiz.de/10013206154
The present paper sheds new light on the growth implications of gender inequalities in the Moroccan labour market. We … to relate growth to the relative employment of women and, also, suggest simulations for Morocco. Both approaches lead to … one of the rare attempts to elicit the growth potential of a reduction in the employment gap in a low-income country. …
Persistent link: https://www.econbiz.de/10012509934
We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …
Persistent link: https://www.econbiz.de/10011596523
In recent years, the role attached to the autonomous components of aggregate demand has attracted rising attention, as testified by the development of the Sraffian Supermulti plier model (SSM) and the attempts to include autonomous demand in the Neo-Kaleckian model. This paper reviews and...
Persistent link: https://www.econbiz.de/10011984077
Elevated levels of government debt raise concerns about their effects on long-term growth prospects. Using the cross … growth. We propose a production-based asset pricing model with endogenous innovation and fiscal policy shocks that can … government debt and future growth …
Persistent link: https://www.econbiz.de/10011962223
, automation capital, and population growth. In the empirical analysis, we find indications for cointegrating equations for the … step, we present a standard neoclassical growth model augmented by automation capital and capital adjustment costs that is …
Persistent link: https://www.econbiz.de/10012426258
Persistent link: https://www.econbiz.de/10009626487
Persistent link: https://www.econbiz.de/10012813793
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … policymakers' social discount rate and on the weight of distributional objectives in the social welfare function …
Persistent link: https://www.econbiz.de/10012252029