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expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10003791799
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10011422187
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10010264503
Persistent link: https://www.econbiz.de/10003813579
Persistent link: https://www.econbiz.de/10010474407
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10005150942
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10005123834
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channelin a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10005406263
expensive and innovation investments that increaselabor productivity are more protable. We incorporate this channel in a new … dynamic generalequilibrium model with endogenous economic growth and heterogeneous overlapping generations.We calibrate the … model for the US economy. First, we establish that the net eect of a declinein population growth on the growth rate of per …
Persistent link: https://www.econbiz.de/10009262196
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy and obtain the following results. First, the effect of a decline in population growth on labor …
Persistent link: https://www.econbiz.de/10010906781