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The article proceeds with an introduction into the main definitions of green growth and related concepts and discusses their core defining features. Based thereon, the production framework is introduced and the essential aspects of our definition of green growth are presented. Subsequently, the...
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This paper compares public health care with private health insurance in an overlapping generations endogenous growth model. It is shown that economic growth is higher when there is a private health insurance.
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Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...
Persistent link: https://www.econbiz.de/10010262354
This paper compares public health care with private health insurance in an overlapping generations endogenous growth model. It is shown that economic growth is higher when there is a private health insurance.
Persistent link: https://www.econbiz.de/10010263394
Persistent link: https://www.econbiz.de/10010471446
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on the growth rate and the level of productivity....
Persistent link: https://www.econbiz.de/10011440805