In the present paper, through an empirical analysis, the view of Corsini (2010) will be supported and will be further discussed that education is panacea. The sample covers all industrialised world. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means of...

Quantifying the growth of medical expenditures over decades or centuries is challenging. Attempting to do so reveals a number of inconsistencies, ambiguities and other measurement issues. The problems are both practical and conceptual. This article discusses national accounting frameworks,...

The historical record of medical expenditures over 3,800 years from the Code of Hammurabi to the current OECD Health Data Set is used to illustrate and analyze long-run trends. Scientific and industrial revolutions, demographic transition, urbanization, nationalism, professional organization,...

The 19th and 20th centuries saw a transformation in contraceptive technologies and their take up. This led to a sexual revolution, which witnessed a rise in premarital sex and out-of-wedlock births, and a decline in marriage. The impact of contraception on married and single life is analyzed...

The 19th and 20th centuries saw a transformation in contraceptive technologies and their take up. This led to a sexual revolution, which witnessed a rise in premarital sex and out-of-wedlock births, and a decline in marriage. The impact of contraception on married and single life is analyzed...

The 19th and 20th centuries saw a transformation in contraceptive technologies and their take up. This led to a sexual revolution, which witnessed a rise in premarital sex and out-of-wedlock births, and a decline in marriage. The impact of contraception on married and single life is analyzed...

Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital- labor ratio. Hence, rates of return to capital decrease and wages increase with adverse...

Projected demographic changes in industrialized and developing countries vary in extent and timing but will reduce the share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity with falling rates of return to capital and increasing...

Projected demographic changes in industrialized and developing countries vary in extent and timing but will reduce the share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity with falling rates of return to capital and increasing...

Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ration. Hence, rates of return to capital decrease and wages increase with adverse...