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Attar, Mustafa A. - Volkswirtschaftliche Fakultät, … - 2008

We study a Schumpeterian model of long-run growth with endogenous fertility and with three interacting dimensions of innovation. Scientific research is the fundamental dimension of innovation that creates new technological knowledge. This is allocated over new working prototypes in the...

Persistent link: https://www.econbiz.de/10005621696

Welfare implications of national debt in a OLG model with endogenous fertility

fanti, Luciano; Spataro, Luca - Dipartimento di Economia e Management, Università … - 2004

In the present work we show that, when one allows for endogenous fertility in Diamonds (1965) OLG model, public debt plays still a clear-cut role on dynamic inefficiency (DI): for correcting DI, national debt must be increased. DI is more likely to occur when the economy capital income share and...

Persistent link: https://www.econbiz.de/10005636470

Dynamic inefficiency, public debt and endogenous fertility

fanti, Luciano; Spataro, Luca - Dipartimento di Economia e Management, Università … - 2004

In this paper we show that, when endogenous fertility is considered via Cobb-Douglas preferences, public debt plays a clear-cut role on dynamic inefficiency (DI) of an OLG economy: in fact, for correcting the DI problem, debt must be increased (decreased) when the economy is overaccumulating...

Persistent link: https://www.econbiz.de/10005636479

The Dual Economy in Long-run Development

Vollrath, Dietz - Department of Economics, University of Houston - 2008

This paper provides a dynamic model of the dual economy in which differences in productivity across sectors arise endogenously. Rather than relying on exogenous price distortions, duality arises because of differences between sectors in the separability of their fertility and labor decisions....

Persistent link: https://www.econbiz.de/10005642232

Demopgraphic Resonse to Agricultural Reform - Long-run Effects on Consumption, Wages and Population Density

Horn af Rantzien, Mia - Economics Institute for Research (SIR), … - 1994

-lapping generations framework. "The poor" work the land and have children to provide for family labor and old age support. "Landlords …" only use hired labor and maximize profits. It is shown that a land reform in favor of poor peasants increases the market … a land- augmenting green revolution depend on its distributional characteristics. If directed towards landlords, such …

Persistent link: https://www.econbiz.de/10005649227

Consequences of Permanent Changes in Child Mortality on Parental Welfare and Population Density

Horn af Rantzien, Mia - Economics Institute for Research (SIR), … - 1994

, land-constrained economy. In a first step a perfectly foreseen rate of survival of children into adulthood is analyzed. It …

Persistent link: https://www.econbiz.de/10005649399

Endogenous Population in a Land-Constrained Economy - Introduction and Summary

Horn af Rantzien, Mia - Economics Institute for Research (SIR), … - 1994

A short review of different types of motives in fertility decisions is given, followed by a discussion on the characteristics of societies where the insurance and producer goods motives are important. Three models investigating the effects of different types of policy interventions in such...

Persistent link: https://www.econbiz.de/10005649507

Endogenous Fertility and the Effects of Foreign Aid

Horn af Rantzien, Mia - Economics Institute for Research (SIR), … - 1994

An overlapping generations framework is employed in order to study consequences of the old-age security and producer goods motive for having children in a rural economy. The model predicts growth in total output combined with declining fertility and increasing population density and per capita...

Persistent link: https://www.econbiz.de/10005651527

On the relationship between fertility and public national debt

Fanti, Luciano; Spataro, Luca - In: Economic Modelling 33 (2013) C, pp. 843-849

Public debt and fertility are two issues of major concern in the current economic policy debate, especially in countries with below-replacement-fertility and large debt (which appears further enlarged as a consequence of the recent world financial distress 2008–2009). In this paper we show...

Persistent link: https://www.econbiz.de/10010738001

Fertility in the absence of self-control

Wigniolle, Bertrand - HAL - 2008

This paper studies the quantity-quality trade-off model of fertility, under the assumption of hyperbolic discounting. It shows that the lack of self-control may play a different role in a developed economy and in a developing one. In the first case characterized by a positive investment in...

Persistent link: https://www.econbiz.de/10010738506