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This paper introduces endogenous growth into a standard two-sector model to study the growth effect of changes in organization of markets. The authors find that, when the rents from land expand to keep pace with the growth of output, it is possible that, in the long run, an economy in which land...
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In this paper, the effects of social security in a simple model of endogenous growth with alternative motives of having children are analyzed. It shows how the effects of social security depend on the size of the social security tax, the motive to have children, and the pattern of...
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