Endogenous time discounting is introduced in a two-period human-capital-driven growth model: subjective discount rate …

family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … converge to a balanced growth path where the average transmission of human capital from parents to childern determines the long …

family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … converge to a balanced growth path where the average transmission of human capital from parents to childern determines the long …

In the paper we propose a new channel through which education may promote economic growth: education makes people more …, we build a simple two-period human-capital-driven growth model where the subjective discount rate depends on the level of …

Endogenous time discounting is introduced in a two-period human-capital-driven growth model: subjective discount rate …

In this paper we use growth accounting methodology to study whether human capital explains a part of total factor … productivity in transition. The results that are obtained are not in support of the theoretical findings of growth theory that … human capital is a major determinant of growth and productivity. However, eventually we continue to believe that the reasons …

family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and … fertility rates and reducing output growth in the transitional dynamics. If human or physical stocks are sufficiently low, the … converge to a balanced growth path where the average transmission of human capital from parents to childern determines the long …

This article surveys models of endogenous growth which are based on the microeconomic theory of family behaviour. A … growth of income via investment decisions in human capital and the cost of time constitute the recurrent element of these … essential to understand the link between growth and income distribution. _________________________________ Cet article …