Showing 21 - 30 of 90
This paper estimates a constant returns to scale agricultural production function of the three basic factors of production. Such a function is a useful tool for macroeconomic, growth, and development studies. It uses the shares approach that Solow used in 1957 and very disaggregated Canadian...
Persistent link: https://www.econbiz.de/10005413260
Nonhomothetic preferences with minimums of subsistence imply rates of investment that increasewith the level of income, and thus a positive correlation between growth rates and the level ofincome, at low levels of income. The existence of this positive correlation for a closed economywas already...
Persistent link: https://www.econbiz.de/10005212553
In this paper, we explore the issue of gender differences in education in the context of a two-sexoverlapping generations model where men and women of each generation bargain over consumption, number of children, and investment in education of their children conditional on gender, andparents are...
Persistent link: https://www.econbiz.de/10005212574
This paper estimates a constant returns to scale agricultural production function with just threeinputs: land, labour and capital -the basic factors of production. It uses the shares approach thatSolow used in 1957 and very disaggregated Canadian data. A constant returns to scale function ofthe...
Persistent link: https://www.econbiz.de/10005212612
We explore the issue of gender differences in education in the context of a two-sex overlapping generations model where men and women of each generation bargain over consumption, number of children, and investment in education of their children. We show that the gender difference implied by our...
Persistent link: https://www.econbiz.de/10005384620
Persistent link: https://www.econbiz.de/10005090824
The main goal of this article is to explain why the fixed workweek appeared. To this purpose we differentiate between "jobs" and "hours per job". We consider an economy where hours and number of workers are substitutes in production but in which hiring a worker entails a fixed cost plus a...
Persistent link: https://www.econbiz.de/10005066391
Our aim is to study altruistically motivated inter-vivos transfers and their relation to the level of income. The concept of altruism we use is different from that typically used in economic research. Under our definition, individuals feel altruistically not only towards their descendants, but...
Persistent link: https://www.econbiz.de/10005731280
Persistent link: https://www.econbiz.de/10001374311
Persistent link: https://www.econbiz.de/10007897056