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Persistent link: https://www.econbiz.de/10011397736
We build an overlapping generations model in which reproductive households face a child quantity/child quality trade-off and bureaucrats are delegated with the task of delivering public services that support the accumulation of human capital. By integrating the theoretical analyses of endogenous...
Persistent link: https://www.econbiz.de/10008914110
We build an overlapping generations model in which reproductive households face a child quantity–child quality trade-off and bureaucrats are delegated with the task of delivering public services that support the accumulation of human capital. By integrating the theoretical analyses of...
Persistent link: https://www.econbiz.de/10011190121
Persistent link: https://www.econbiz.de/10003753503
I construct an overlapping generations model in which (the endogenous) longevity is impeded by the stock of pollution and promoted by public health spending. I provide an alternative explanation for the so-called environmental Kuznets curve an explanation which gives an active role to...
Persistent link: https://www.econbiz.de/10003795238
Persistent link: https://www.econbiz.de/10003798017
Persistent link: https://www.econbiz.de/10003805594
In an overlapping generations economy with endogenous income growth, I combine themes from the work of Cooper et al. (2001), Kapur (2005), and Eaton and Eswaran (2009) in order to provide an example of an economy whose welfare dynamics are non-monotonic. Particularly, the evolution of workers’...
Persistent link: https://www.econbiz.de/10003919859
The current paper offers a new explanation on the emergence of threshold effects and multiple equilibria, for which the high (low) income equilibrium is associated with high (low) environmental quality. This new explanation rests on endogenous technological choice in the presence of...
Persistent link: https://www.econbiz.de/10008702673
In a three-period overlapping generations model, I show that different combinations of preference and technological parameters can lead to different patterns on the joint evolution of human capital and (endogenous) fertility choices. These patterns may include threshold effects and multiple...
Persistent link: https://www.econbiz.de/10008746782