Narrow search
Showing 1 - 10 of 139
Cover Image
‘The Child is Father of the Man:’ Implications for the Demographic Transition
de la Croix, David; Licandro, Omar - C.E.P.R. Discussion Papers - 2007
We propose a new theory of the demographic transition based on the evidence that body development during childhood is …, adult life expectancy and economic growth. Consistent with the empirical evidence, a distinctive implication of our theory …
Persistent link: https://www.econbiz.de/10005124210
Cover Image
A DSGE Model of China
Dai, Li; Minford, Patrick; Zhou, Peng - C.E.P.R. Discussion Papers - 2014
We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping's reforms up until the crisis period. Bayesian ranking methods are heavily influenced by controversial priors on the degree of price/wage rigidity. When the overall models are tested...
Persistent link: https://www.econbiz.de/10011083573
Cover Image
A DSGE Model of China
Dai, Li; Minford, Patrick; Zhou, Peng - C.E.P.R. Discussion Papers - 2014
We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping's reforms up until the crisis period. Bayesian ranking methods are heavily influenced by controversial priors on the degree of price/wage rigidity. When the overall models are tested...
Persistent link: https://www.econbiz.de/10011084701
Cover Image
Evaluating An Estimated New Keynesian Small Open Economy Model
Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - C.E.P.R. Discussion Papers - 2007
This paper estimates and tests a new Keynesian small open economy model in the tradition of Christiano, Eichenbaum, and Evans (2005) and Smets and Wouters (2003) using Bayesian estimation techniques on Swedish data. To account for the switch to an inflation targeting regime in 1993 we allow for...
Persistent link: https://www.econbiz.de/10005661438
Cover Image
Towards a European Migration Policy
Straubhaar, Thomas; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 1992
immigration can compensate for demographic losses due to the decline and ageing of the European labour force. Economic theory …
Persistent link: https://www.econbiz.de/10005504551
Cover Image
Fiscal Sustainability and Demographics - Should We Save or Work More?
Andersen, Torben M - C.E.P.R. Discussion Papers - 2008
Approaching demographic shifts are raising concerns about fiscal sustainability in most OECD countries. A widespread view based on the tax-smoothing idea is that a prior consolidation of public finances is required to cope with the predicted trend deterioration in the primary budget balance....
Persistent link: https://www.econbiz.de/10005504685
Cover Image
Job Tenure: Does History Matter?
Booth, Alison L; Francesconi, Marco; Garcia-Serrano, Carlos - C.E.P.R. Discussion Papers - 1997
This paper uses the retrospective work history data from the British Household Panel Survey to examine patterns of job mobility and job tenure for men and women over the twentieth century. British men and women hold an average of five jobs over their lifetimes, and one-half of all lifetime job...
Persistent link: https://www.econbiz.de/10005497840
Cover Image
From Stagnation to Growth: Unified Growth Theory
Galor, Oded - C.E.P.R. Discussion Papers - 2004
human history induced growth theorists to advance an alternative theory that captures in a single unified framework the … distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the growth process … over the entire history of the human species, enhancing the confidence in the viability of the theory, its predictions and …
Persistent link: https://www.econbiz.de/10005497992
Cover Image
Migration and Welfare State: Why is America Different from Europe?
Razin, Assaf; Sadka, Efraim - C.E.P.R. Discussion Papers - 2014
Over the years, there emerged two key policy differences between Europe and America, both welfare and migration-states. The former has more generous welfare state and more liberal migration policies than the latter. In this paper we attempt to provide a political-economy explanation for these...
Persistent link: https://www.econbiz.de/10011083621
Cover Image
In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850-1930
Olivetti, Claudia; Paserman, M. Daniele - C.E.P.R. Discussion Papers - 2013
This paper provides a new perspective on intergenerational mobility in the United States in the late 19th and early 20th centuries. We devise an empirical strategy that allows to calculate intergenerational elasticities between fathers and children of both sexes. The key insight of our approach...
Persistent link: https://www.econbiz.de/10011083699