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setup with micro-founded fertility and schooling behavior. We then show how a Beckerian child quality-quantity trade …-run prospects for future economic growth - when fertility is going to be below replacement level in virtually all developed …
Persistent link: https://www.econbiz.de/10009675344
population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into … future economic growth - when fertility is going to be below replacement level in virtually all fully developed countries …
Persistent link: https://www.econbiz.de/10008809945
-founded fertility and schooling behavior. The model explains the historical emergence of R&D-based growth and the subsequent emergence … suggested by conventional R&D-based growth theories. -- R&D ; declining population ; fertility ; schooling ; human capital. … growth - when fertility is going to be below replacement level in virtually all developed countries - are much better than …
Persistent link: https://www.econbiz.de/10009619095
population growth, an implication which is hard to see in the data. Here we integrate microfounded fertility and schooling into … population ; fertility ; schooling ; human capital ; post-modern society ; post-transitional fertility … future economic growth - when fertility is going to be below replacement level in virtually all fully developed countries …
Persistent link: https://www.econbiz.de/10008906841
This article analyzes the effect of public policy intervention in the production of health capital on fertility … endogenous fertility, in which the usual parental trade-off between the quantity and quality of their children is augmented with …
Persistent link: https://www.econbiz.de/10012171809
ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …
Persistent link: https://www.econbiz.de/10011392484
cognitive ability. Compulsory schooling can move society from elite education to mass education. An interaction between …
Persistent link: https://www.econbiz.de/10010346232
We provide an outline for viewing the middle-income trap through the lens of the Schumpeterian growth paradigm, which places the notion of creative destruction at the center of economic growth. Economic growth and development come from the interplay between changes in economic structure and...
Persistent link: https://www.econbiz.de/10011723084
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10009665630
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10008906821