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Gender inequality as a barrier to economic growth : a review of the theoretical literature
Klasen, Stephan; Santos Silva, Manuel - 2018 - This version: August 19, 2018
In this article, we survey the theoretical literature investigating the role of gender inequality in economic development. The vast majority of theories reviewed suggest that gender inequality is a barrier to development, particularly over the long run. Among the many plausible mechanisms...
Persistent link: https://www.econbiz.de/10011888636
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Social Interactions and Modern Economic Growth
Mejia, Javier - 2018
This paper offers a theoretical framework to understand the coevolution of social interactions and long-term economic growth. It begins by considering that most traditional societies did not have educational markets. Thus, access to the required knowledge for transiting to a modern economy had...
Persistent link: https://www.econbiz.de/10014111242
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The long-run effects of mortality decline in developing countries
Lehmijoki, Ulla; Palokangas, Tapio K. - 2011
Since World War II, mortality has declined in the developing world. This paper examines the effects of this mortality decline on demographic and economic growth by a family-optimization model, in which fertility is endogenous and wealth yields utility through its status. The decline in mortality...
Persistent link: https://www.econbiz.de/10009124149
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Endogenous Fertility, Mortality and Growth
Blackburn, Keith; Cipriani, Giam - 2010
Economic and demographic outcomes are determined jointly in a choice-theoretic model of fertility, mortality and capital accumulation. There is an endogenous population of reproductive agents who belong to dynastic families of overlapping generations connected through altruism. In addition to...
Persistent link: https://www.econbiz.de/10014204046
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Education and growth with learning by doing
Marconi, Gabriele; Grip, Andries de - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10010529431
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Population dynamics and economic growth : should we adopt different frameworks for poor and rich countries?
Brezis, Elise S. - 2011
From the canonical model of Becker onward, models of population dynamics have been based on assumptions which fit the family structure of developed countries. The aim of this paper is to develop a framework that fits the family structure of poor countries. The building blocks of the model...
Persistent link: https://www.econbiz.de/10009517875
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Fertility versus productivity : a model of growth with evolutionary equilibria
Foreman-Peck, James S.; Zhou, Peng - 2020
We develop a quantitative model that is consistent with three principal building blocks of Unified Growth Theory: the break-out from economic stagnation, the buildup to the Industrial Revolution, and the onset of the fertility transition. Our analysis suggests that (i) the escape from the...
Persistent link: https://www.econbiz.de/10012483759
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The validity of Okun's law in Nigeria : a difference model approach
Babalola, Sikiru Jimoh; Saka, Jimoh Olakunle; Adenuga, … - 2013
This paper, empirically, tests the validity of Okun’s law in Nigerian economy from 1980-2012. The two versions of the difference model approach of the Okun’s law are used even though one of them is frequently used in the literature. We utilize Var-cointegration method and examine the...
Persistent link: https://www.econbiz.de/10009788571
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Tracing empirical trails of Schumpeterian development
Peneder, Michael - 2004
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...
Persistent link: https://www.econbiz.de/10011494555
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Structural change ramififications of consumer credit expansion in a two sector growth model
Uğurlu, Esra Nur - 2021
This paper analyzes the structural change implications of consumer credit expansions in a dual-sector open economy growth model. Policy-induced increases in banks' willingness and ability to lend result in new consumer lending, boosting consumption demand and average wages in the nontradable...
Persistent link: https://www.econbiz.de/10012603873