Showing 1 - 10 of 4,339
fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … model shows that an economy can be caught in a fertility-caused poverty trap, while countries with more resources will …
Persistent link: https://www.econbiz.de/10011566054
This paper builds an age-structural model of human population genetics in which agents are endowed with a high-dimensional genome that determines their cognitive and physical characteristics. Young adults optimally search for a marriage partner, work for firms, consume goods, save for old age...
Persistent link: https://www.econbiz.de/10011566205
performed in a two-country growth model with endogenous fertility. I show that providing additional free educational services …I study the effect of educational policy in the host economy on human capital accumulation and growth. The analysis is …
Persistent link: https://www.econbiz.de/10015330406
and innovation) and therefore, long- run economic growth of an economy by working through the influence of fertility rates … simultaneous decline in fertility rate reduces total factor productivity growth by contracting the stock of human capital. The … fertility. Therefore, the economy grows at the rate of population growth at the macro level under the two regimes. Also, it is …
Persistent link: https://www.econbiz.de/10015375997
evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contribution to the convergence of the …
Persistent link: https://www.econbiz.de/10010318965
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010282576
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010284032
transitions. The model captures the intricate interplay between technological progress, mortality, fertility and economic growth …This study provides a uni ed growth theory to correctly predict the initially negative and subsequently positive … in the transition from Malthusian stagnation to modern growth. Not only does it provide an explanation for the …
Persistent link: https://www.econbiz.de/10010270039
accumulation and inflation with endogenous fertility, i.e. endogenous population growth. The model establishes an inverse relation … money. A higher monetary growth rate increases fertility, since it reduces its opportunity cost, and hence diminishes … between capital-labour ratio and population growth, which represents the crucial element for having non-superneutrality of …
Persistent link: https://www.econbiz.de/10011608490
sustained growth steady-state equilibrium where child labor is abolished and fertility is low. Prohibition of child labor …This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early … stages of development the economy is in a development trap where child labor is abundant, fertility is high and output per …
Persistent link: https://www.econbiz.de/10014115096