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Life expectancy, labor supply, and long-run growth : reconciling theory and evidence

Strulik, Holger; Werner, Katharina - 2012

We set up a simple overlapping generation model that allows us to distinguish between life expectancy and active life expectancy. We show that individuals optimally adjust to a longer active life by educating more and, if the labor supply elasticity is high enough, by supplying less labor. When...

Persistent link: https://www.econbiz.de/10009619090

Explaining shifts in the unemployment rate with productivity slowdowns and accelerations: a co-breaking approach

Schreiber, Sven - 2009

We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U.S. data in a framework of infrequent mean shifts. Tests find (endogenously dated) shifts around 1974, 1986, and 1996, system techniques indicate that the shifts are common...

Persistent link: https://www.econbiz.de/10010265226

Life expectancy, labor supply, and long-run growth: Reconciling theory and evidence

Strulik, Holger; Werner, Katharina - 2012

Persistent link: https://www.econbiz.de/10010311688

Families in macroeconomics

Doepke, Matthias; Tertilt, Michele - 2016

Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate these variables are made within families. Yet the family (and decision-making in families) is...

Persistent link: https://www.econbiz.de/10011454407

What is wrong with the West's economies?

Phelps, Edmund S. - In: Homo oeconomicus : HOE ; journal of behavioral and … 33 (2016) 1/2, pp. 3-10

Persistent link: https://www.econbiz.de/10012225402

A theory of falling growth and rising rents

Aghion, Philippe; Bergeaud, Antonin; Boppart, Timo; … - 2019

Persistent link: https://www.econbiz.de/10012164708

Predicting medium-term TFP growth in the United States : econometrics vs "techno-optimism"

Crafts, Nicholas; Mills, Terence C. - In: National Institute economic review 242 (2017), pp. 60-67

Persistent link: https://www.econbiz.de/10011762169

Global reset : the role of investment, profitability, and imperial dynamics as drivers of the rise and relative decline of the United States : 1929-2019

Dunford, Michael - In: World review of political economy : journal of the … 12 (2021) 1, pp. 50-85

A new world order is taking shape as a result of the relative decline of the United States (US) and other Western economies. An important aspect of relative decline is a progressive secular slowing down of productivity growth. Another is the way US development has been shaped and to some extent...

Persistent link: https://www.econbiz.de/10014434044

The Effects of Environmental Regulation on Technology Diffusion: The Case of Chlorine Manufacturing

Snyder, Lori; Miller, Nolan; Stavins, Robert - 2003

We use a hazard model to estimate the effect of environmental regulation on the diffusion of membrane cell production … technology in the chlorine manufacturing industry. We estimate the effect of regulation on both the adoption of the membrane … technology at existing plants and on the exit of existing plants using older technologies. We find that environmental regulation …

Persistent link: https://www.econbiz.de/10011325087

Negotiation as a means of developing and implementing environmental policy

Caldart, Charles C.; Ashford, Nicholas Askounes - 1998

In the environmental area, negotiated rulemaking, implementation, and compliance are proposed by their advocates as delivering two primary benefits: reduced rulemaking time and decreased litigation over a final agency rule. The experience to date, however, indicates that negotiated rulemaking...

Persistent link: https://www.econbiz.de/10011608405

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