We develop an endogenous growth model in which technological progress raises the efficiency of time allocated to education and knowledge and ideology play complementary roles in determining individuals' efficiency units of labor input. A higher supply of aggregate units of efficiency labor...

I develop a growth model in which R&D resources can be directed either to the discovery of new technologies (inventions) or to the improvement of the quality of machines without altering their underlying technology (innovations). Learning-by-doing is an important determinant of the relative...

This paper presents a collective household model in which there are marital gains to assortative spousal matching, individuals face a labor-leisure choice and intra-marital allocations are determined by an endogenous sharing rule that is driven by actual wage earnings. The latter two features of...

We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative spousal matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital...

Entrepreneurial human capital plays a relatively more important role in intermediate income countries, but professional human capital is relatively more abundant in richer economies. Because the return to entrepreneurship is risky, individuals devote less time to the accumulation of...

We develop an analytical framework where products go through a standard life cycle and product quality is driven by cumulative production experience. Production experience influences the nature of cross-country outsourcing activity, and hence, the contents of trade. Multinational enterprises...

This paper presents an economic growth model where life expectancy is determined endogenously and "collective" bargaining between the wife and the husband forms the basis of household decisions. Since child rearing is more time costly for women, they prefer fewer but more educated offspring....

We develop a "collective" model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and a sharing rule forms the basis of intra-household allocations. We identify the properties of the sharing rules...

This paper incorporates the timing of childbearing into a growth model with endogenous fertility. It analyzes a model in which individuals' human capital stock depends positively on their education and parental human capital and in which producing and raising children and acquiring human capital...

We present an endogenous growth model in which both the investment to develop a new technology-that upgrades the quality of machines-and entry of imitators are determined endogenously. According to the model, how soon the new-technology machine is launched after the patent is granted is...