dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

the recent literature. -- Growth ; structural change …

and (iii) long-run trends in relative TFP growth rates across sectors. We provide a tractable theory of industry directed … increase in an industry’s market size (relative to GDP) leads to an increase in the TFP growth rate of about 0.3 percentage …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

agricultural productivity increases as countries move towards a "turning point" when inter-sectoral balanced growth has eliminated …

Why did the Japanese economy stagnate beforeWorldWar II, how did it achieve rapid economic growth after the war, and … (Japan) if it is profitable to do so and where the technology transfer is the engine of economic growth. In this model, among … multiple equilibria, the equilibrium with low labor cost in Japan was chosen during the rapid growth period. Then, the firms in …