Showing 1 - 10 of 363
lobbying, while concentrated landownership slows it down. We explain these patterns in a simple model of structural change … augmented with a heterogeneous agents lobbying game. Model simulations match the dynamics of structural change, inequality, and …
Persistent link: https://www.econbiz.de/10015045465
pull hypothesis). We present a simple model that features both channels and use it to explore their relative importance. We …
Persistent link: https://www.econbiz.de/10010269344
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 …-born by skill level. Specifically, after introducing migration in an augmented Solow-Swan model, we estimate a dynamic panel … model using a system of generalized method of moments (SYS-GMM) to deal with the risk of an endogeneity bias of the …
Persistent link: https://www.econbiz.de/10010481589
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 …-born by skill level. Specifically, after introducing migration in an augmented Solow-Swan model, we estimate a dynamic panel … model using a system of generalized method of moments (SYS-GMM) to deal with the risk of an endogeneity bias of the …
Persistent link: https://www.econbiz.de/10011095489
The neoclassical growth model assumes fixed labor supply and competitive labor markets. Is it harmless to ignore … monopsonistic power in the neoclassical growth model? The paper argues that it is not, especially if a growth model needs to be … consistent with the long-run dynamics of the labor share. This paper solves a minimalist growth model with monopsonistic power at …
Persistent link: https://www.econbiz.de/10015165892
"labor pull" hypothesis). We present a simple model that features both channels and use it to explore their relative …
Persistent link: https://www.econbiz.de/10005030884
We set out a general framework for cooperative household models, based on Samuelson's idea of a household welfare function, but extending it to incorporate the key insight from Nash bargaining models - the idea that the household's preference ordering over the utility profiles of its members...
Persistent link: https://www.econbiz.de/10010268333
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by … childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the …
Persistent link: https://www.econbiz.de/10010329089
and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model … framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic …
Persistent link: https://www.econbiz.de/10012322647
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by … childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the …
Persistent link: https://www.econbiz.de/10010960126