This paper investigates the relationship between economic growth and a fully funded social security system in an … overlapping generations model with family altruism. It is shown that funded social security may harm growth if there are operative …

Existing growth research provides little explanation for the very large differences in long-run growth performance … across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of … economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible …

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline …

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap … into a condition of continuous growth through a program of taxes and transfers. Temporary inequality is a necessary …

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap … into a condition of continuous growth through a program of taxes and transfers. Temporary inequality is a necessary …

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap … into a condition of continuous growth through a program of taxes and transfers. Temporary inequality is a necessary …