China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

We develop a quantitative model that is consistent with three principal building blocks of Unified Growth Theory: the break-out from economic stagnation, the buildup to the Industrial Revolution, and the onset of the fertility transition. Our analysis suggests that (i) the escape from the...

En este artículo se presenta la adaptación y el uso de un modelo de Lucas (2002) de crecimiento económico, transición demográfica y acumulación de capital humano, para interpretar la evolución demográfica y macroeconómica de Colombia en los siglos xix y xx. El ejercicio muestra la...

Schooling. This study estimates the respective contributions of schooling and income in determining the fertility transition within the US states between 1840 and 1980. While evidence suggests that both relationships are negative and statistically signi?cant, the most robust determinant of the...

The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...

We construct a Dynamic Stochastic General Equilibrium model of the interaction between demography and the economy for six centuries of English history. At the core of the four overlapping generations, rational expectations model is household choice about target number and quality of children, as...

The objective of the paper is to identify subregions (NUTS 3) of the central part of Poland pretending to metropolitan areas, as well as to study their impact on the domestic migration flows. Their social and economic situations in 2008 were determined on the basis of the composite measure...

Micro-based and macro-based approaches have been used to assess the effects of health on economic growth. Micro-based approaches aggregate the return on individual health from Mincerian wage regressions to derive the macroeconomic effects of population health. Macro-based approaches estimate a...