and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is …

the arguments presented also apply to Norway. The paper also discusses briefly, similar market solutions to problems …

This paper examines the sources of firm product and process innovation in Norway. It uses a purpose-built survey of …

in fertility levels. Changes in union formation and fertility levels, on the other hand, do have a significant impact on …

a gender wage gap, associated with lower female labour force participation rates and higher fertility. This paper … presents a growth model where saving, fertility and labour market participation are endogenously determined, and there is wage … through an increase in fertility. We find that for several countries a large fraction of the actual difference in output per …

fertility, and lower investment in physical and human capital. Furthermore, the feedback effect from economic prosperity to …

shown that a substantial number of couples used birth control for 'spacing' as well as 'stopping' fertility. Moreover … good. In general the results obtained do not fit with the 'Princeton' view of the European fertility transition, with its …

dependency ratio driven by changes in fertility and longevity. For the former the smoothing argument may be appropriate, but not …

This paper attempts to disentangle the direct effects of experience from those of culture in determining fertility. We … use the GSS to examine the fertility of women born in the US but from different ethnic backgrounds. We take lagged values … of the total fertility rate in woman’s country of ancestry as the cultural proxy and use the woman’s number of siblings …