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In this paper we investigate the dynamic interaction between economic growth, unemployment, income distribution and population growth. The reference framework combines rational behaviour of agents with endogenous fertility and unemployment, while profits are the determinant of the accumulation...
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The existence of an efficiency wage mechanism in Goodwin-type models may lead to the unexpected appearance of an economically meaningful equilibrium with zero labour share, which is globally stable for some parameter constellation and allows the system to attain its 'maximal growth'. A...
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Immigration might be a remedy against the stress that low fertility causes to demographic and welfare systems. Sustained immigration, however, can alter both the demographic and epidemiological profiles of the receiving population. An age-structured SIR (susceptible-infective-recovered) model...
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We exploit a multistate generalisation of a classical, one-sex, stable population model to evaluate structural and long-term effects of changes in the attainment of adulthood. The demographic framework that inspired this paper is provided by Italy, where a strong delay in the transition to...
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