productivity benefit old age groups as they likely help older age groups contribute more positively to future growth. More …This paper revisits the impact of population aging on economic growth. In order to understand the impact of population … aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our …

productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …Using sectoral intangible investment data we confirm that intangible capital is a significant determinant of labour … investment. …

economies (CMEs); 2) physical capital investment- and labor productivity growth-dominant liberal market economies; 3 … growth explains half of per capita GDP growth. We show that there are four worlds of productivity growth among industrialized … countries, by decomposing labor productivity growth into multifactor productivity (MFP) growth and capital deepening. The four …

incidence of education and health spending covering 56 countries over 1960-2000, representing a significant improvement in … paper finds, among other things, that overall education and health spending are poorly targeted; benefits from primary … education and primary health care go disproportionately to the middle class, particularly in sub-Saharan Africa, HIPCs and …

impact of government capital expenditure on production efficiency in the G7 countries. Two models are estimated with …) database. The paper applies stochastic production frontier analysis (SFA) to estimate each country's yearly efficiency and to … increasing physical output-not toward socio-economic outputs such as health and educational output-during the study period …

banking crises) and per capita public expenditure on health. I compile information from 97 developed and developing economies … between 1980 and 2012 and use unbalanced panel data. The analysis shows that health expenditure per capita is significantly … from the health sector in a fast-deteriorating fiscal situation. In addition, the study results are robust to placebo tests …

diverges from annual redistribution in welfare states of different types. Exploiting panel data from the Cross … welfare states like Germany that are assumed to engage in a high level of redistribution actually achieve relatively less … redistribution that, to a substantial extent, is in fact income smoothing for the elderly. …

role in welfare states with aging societies. This paper investigates to what extent long-run redistribution diverges from … annual redistribution in welfare states of different types. Exploiting panel data from the Cross-National Equivalent File … redistributive welfare states like Germany provoke comparably less redistribution between individuals in the long-run than the United …

. The extensive margin of productivity growth was muted to some degree by the policy support granted to firms. Firm entries … intensive margin of productivity growth and led to a temporary drop in within-firm productivity per employee and increased …This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe …

uses the framework of an education production function to provide descriptive analysis of the extent to which different …, private competition, and tracking have been found to be important sources of international differences in student achievement. …