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This paper develops an overlapping-generations (OLG) model to analyze the consequences of demographic structure changes induced by an exogenous shift in the birth rate.We first show that a finite growth rate of the population that maximizes long-run capital per capita exists. Then, we examine...
Persistent link: https://www.econbiz.de/10009322908
This paper proposes the use of optimal grouping methods for determining the various age groups within a population. The cutoff ages for these groups, such as the age from wich an individual is considered to be an older person, are then endogenous variables that depend on the entire population...
Persistent link: https://www.econbiz.de/10010635042
Paul Einzig was born in 1897 in Brasov but comes to London in 1919. From 1920, he begins to write articles for scienti c reviews, especially The Economic Journal, while he contributes more regularly to The Financial News, The Financial Times or The Banker. From this period to his death in 1973,...
Persistent link: https://www.econbiz.de/10010567979
.e. Romania. Romania has a code law system with an obvious preference for the legal form. Two main steps have been taken for the …
Persistent link: https://www.econbiz.de/10008791515
This article aims to provide a longitudinal presentation of developments in Romanian accounting during the 20th century and to propose a neo-institutional explanation of this evolution. The historical research methodology employed here is complex. We use a constructive research philosophy, an...
Persistent link: https://www.econbiz.de/10008792082
This study simulates a CO2 permit market in Romania using a dynamic general equilibrium model. The carbon constraint is …
Persistent link: https://www.econbiz.de/10008793396
resources allocation. (6) The strong double dividend obtained under certain circumstances indicates Romania's potential for …
Persistent link: https://www.econbiz.de/10008793797
Migrants' remittances should b e considered as one of the determinants of migration ows, since they have an economic …
Persistent link: https://www.econbiz.de/10010821301
'wages. Overall, these results strongly support the productivity gains that can be expected from further migration and urbanisation in …
Persistent link: https://www.econbiz.de/10010821484
Recently, much research interest is directed towards the impact of migration on the sending country. However, we think … that this literature does not successfully analyse the effects of migration on unemployment and wage rates especially in … urban areas. It studies the effect of one king of migration flow, mainly international migration, on labour market in the …
Persistent link: https://www.econbiz.de/10010738500