Empirical studies show that the fertility rate (mortality rate) exhibits an inverted u-shaped dynamic in some countries, while it decreases monotonically in other countries. This paper formulates the concept of public health infrastructure and constructs a growth model that replicates various...

This paper examines how unionization affects economic growth through its impact on industry concentration in a two-country model of international trade and endogenous productivity growth. Knowledge spillovers link firm-level productivity in innovation with geographic patterns of industry...

This paper studies the implications of different fiscal regimes (i.e. centralized vs decentralized) for economic growth and welfare by incorporating Wilson (2005)-type fiscal competition model into a Barro (1990)-type endogenous growth model. We show that fiscal decentralization is more...