. Both scholars observed that Protestant areas in the Western world seemed to gain faster and more wealth than areas with …

model with endogenous fertility. There exists a pseudo- Malthusian equilibrium in which population is constant and income …. The stability properties are driven by (i) the income reaction to increased resource scarcity and (ii) the fertility … response to income dynamics. If labor and resources are substitutes in production, income and fertility dynamics are self …

environments characterized by fixed resources, endogenous fertility, and full information. Individuals in our environment are fully … et al. (2007). We also show that efficient allocation in the endogenous fertility case differs significantly from its … exogenous fertility counterpart. In particular, optimal steady state population is proportional to the amount of fixed resources …

determinants of the quality of the institutions of a given country are its income per head and its income distribution, the …. -- Institutional Quality Development ; Income Distribution ; Tax System …

productivity (TFP) using newly organized data on 145 countries that span more than one hundred years for twenty-four of these … countries. For all countries, only 3 percent of average output growth per worker is associated with TFP growth. This world …. Keywords: economic growth, capital, human capital, total factor productivity, growth accounting …