A simple classical-Marxian model of growth and distribution is developed in which education transforms low …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 …-born populations by skill level. Specifically, after introducing migration in an augmented Solow-Swan model, we estimate a dynamic … panel model using a system of generalized method of moments (SYS-GMM) to address the risk of endogeneity bias in the …

physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …

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 …

A simple classical-Marxian model of growth and distribution is developed in which education transforms low …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

imperfect credit markets and high economic growth rates. In this paper, we analyze the role of parental altruism on economic … growth and dynamic efficiency, especially when credit markets for education loans are missing. We demonstrate conditions … under which missing or imperfect credit markets increase economic growth and do not hinder dynamic efficiency. We also show …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 …-born by skill level. Specifically, after introducing migration in an augmented Solow-Swan model, we estimate a dynamic panel … model using a system of generalized method of moments (SYS-GMM) to deal with the risk of an endogeneity bias of the …

consider an overlapping generations model in which endogenous growth is introduced through human capital accumulation. We …The aim of this paper is to understand the role of uncertainty in education choices and therefore in growth. We …

acceleration of economic growth. We develop an endogenous growth model with a realistic survival law in which rising longevity … of the acceleration in growth rates at the dawn of the modern age. During this period, life tables for Geneva and Venice … increases the individual incentive to invest in education and foster growth. We quantitatively estimate that the observed …

We study how economic growth is affected by demographics in an overlapping generations model with a realistic survival …. Endogenous growth arises thanks to the accumulation of generation-specific human capital. Favorable shifts in the survival … probabilities always induce longer schooling and later retirement but have an ambiguous effect on growth. The relationship between …