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of education inequality measures across age groups allows us to assess the effect of inter-generational education …
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We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … from workers to capitalists. Further, the overall effect of an increase in education depends on the actual characteristics …
Persistent link: https://www.econbiz.de/10011596523
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In the conventional neoclassical growth model, technical change is generally characterized as “purely labor-augmenting,” a restriction that limits modern civilization to super-humans living in the Stone Age. As a novel and radical departure from conventional growth theory, the model...
Persistent link: https://www.econbiz.de/10012914009
the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in … endogenous variables across countries. The results suggest that differences in extrinsic mortality might explain a substantial … the main variables of interest. -- economic and demographic transition ; adult mortality ; child mortality ; quantitative …
Persistent link: https://www.econbiz.de/10009708703
the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in … endogenous variables across countries. The results suggest that differences in extrinsic mortality might explain a substantial …
Persistent link: https://www.econbiz.de/10010336814
the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in … endogenous variables across countries. The results suggest that differences in extrinsic mortality might explain a substantial …
Persistent link: https://www.econbiz.de/10013086663