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This paper examines the historical evolution of the relationship between population growth, technological change, and …
Persistent link: https://www.econbiz.de/10005791656
This paper develops a unified model of growth, population, and technological progress that is consistent with long …-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is … population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of …
Persistent link: https://www.econbiz.de/10005662118
relationship between aggregate fertility and household savings. First, we document that parents perceive children as an important … source of old-age support and that in partial equilibrium, increased fertility lowers household savings. Then, we construct … equilibrium effects can substantially overstate the effect of a change in aggregate fertility on households savings. …
Persistent link: https://www.econbiz.de/10011084282
Recent analyses of Ireland's marital fertility transition based on the Princeton Ig and the Stanford CPA measures are …
Persistent link: https://www.econbiz.de/10005281369
There has been little empirical work evaluating the sensitivity of fertility to financial incentives at the household … female participation and fertility, using individual data from the French Labor Force Survey and a fairly detailed … fertility decisions in France, both for the first and for the third child. As an example, an unconditional child benefit with a …
Persistent link: https://www.econbiz.de/10005666789
The Ramsey-Romer model of endogenous growth is extended to allow for holdings of real money balances and government debt as well as capital and for non-interconnected generations of households. Tax-financed increases in government consumption and debt depress growth prospects and boost...
Persistent link: https://www.econbiz.de/10005791620
of Malthus’ (1798) so-called preventive check hypothesis - that fertility rates vary inversely with the price of food …
Persistent link: https://www.econbiz.de/10005123712
This paper explores the two common concepts of the natural rate of unemployment: (i) the stable, long-run equilibrium rate of unemployment; and (ii) the equilibrium unemployment rate at which there is no tendency for this rate to change, given the exogenous variables. The first concept (common...
Persistent link: https://www.econbiz.de/10005136587
as a change in the world interest rate. The approach allows for both uncertain individual lifetimes and population growth … unless the sum of the population growth rate and the individual's probability of death equals zero. The government spends on … occur even in well-behaved steady states of the Yaari-Blanchard model, as long as the sum of population growth rate and the …
Persistent link: https://www.econbiz.de/10005498001
this is the case, how tax differences affect the growth rates of population and human capital will depend on the relative …
Persistent link: https://www.econbiz.de/10005067595