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same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …
Persistent link: https://www.econbiz.de/10008515823
This paper studies the geographic distribution of unemployment rates in Colombian urban areas. It introduces measures of spatial correlation and spatial econometric techniques to analyze the dependence in local unemployment rates across municipalities. Results suggest that Colombian...
Persistent link: https://www.econbiz.de/10009019028
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076
conditions that guarantee, in the long run, the convergence of the detrended capital across locations and those inducing spatial …
Persistent link: https://www.econbiz.de/10010779580
The aim of this paper is to discuss the process of regional convergence within the framework of an overlapping … education funding systems and compare their performance in terms of growth rates and pace of convergence between two …-off between long run growth rate and short run convergence. In such choice, the initial capital stock and the extent of regional …
Persistent link: https://www.econbiz.de/10004985103
the issues of sustainability, long-run and short-run growth as well as convergence, associated with the competitive …
Persistent link: https://www.econbiz.de/10004985106
short run fluctuations and decreases the convergence speed to the steady states. …
Persistent link: https://www.econbiz.de/10004985246
In this paper, we have developed a two-period overlapping-generation model featuring the effects of child nutrition in developing countries. The model gives rise to multiple equilibria including a poverty trap. It shows that child nutrition status may affect the development of human capital...
Persistent link: https://www.econbiz.de/10009350366
We provide a theory that is able to account for the observed comovement between the shift in intergenerational living arrangements from coresidence to non-coresidence and economic development. Our theory is consistent with the diminution in the status of the elderly documented by some...
Persistent link: https://www.econbiz.de/10008751416
Parental time with children increases with the education of both the mother and the father. As the education of parents increases, the gap between childcare supplied by mothers relative to that supplied by fathers decreases. A two steps semi-cooperative marital decision model is proposed to...
Persistent link: https://www.econbiz.de/10010691322