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Lazear, Edward P. - 2021

One of the economic benefits of immigration is that the diversity of the population is enhanced. Diversity, it is argued, enriches the environment in which individuals live and trade and may contribute to greater creativity. What does diversity mean? Do current immigration policies enhance...

Persistent link: https://www.econbiz.de/10013228729

The Role of Fertility and Population in Economic Growth : Empirical Resultsfrom Aggregate Cross-National Data

Brander, James A.; Dowrick, Steve - 2021

Two recently improved sets of cross-country panel data are combined in orderto re-examine the effects of population growth and fertility on economicgrowth. Using a 107 country panel data set covering 1960-85, we find thathigh birth rates appear to reduce economic growth through investment...

Persistent link: https://www.econbiz.de/10013244085

Aggregating the Fertility Transition : Intergenerational Dynamics in Quality and Quantity

Vogl, Tom - 2017

Fertility change is distinct from other forms of social and economic change because it directly alters the size and composition of the next generation. This paper studies how changes in population composition over the fertility transition feed back into the evolution of average fertility across...

Persistent link: https://www.econbiz.de/10012964889

How Japan and the Us Can Reduce the Stress of Aging

Goldin, Claudia - 2016

The Japanese are becoming older. Americans are also becoming older. Demographic stress in Japan, measured by the dependency ratio (DR), is currently about 0.64. In the immediate pre-WWII era it was even higher because Japan's total fertility rate (TFR) was in the 4 to 5 range. As the TFR began...

Persistent link: https://www.econbiz.de/10012986287

Demographic Dynamics, Labor Force Participation and Household Asset Accumulation : Case of Japan

Ando, Albert; Moro, Andrea - 2021

A dynamic model of the demographic structure of Japan is summarized. It is capable of tracing the dynamic development of the Japanese population, including the distribution of families by age, sex, and marital status of the head, as well as by the number and age of children and other dependents....

Persistent link: https://www.econbiz.de/10013227507

Human Capital and Fertility in Chinese Clans Before Modern Growth

Shiue, Carol H. - 2013

A stylized fact of modern growth is that as countries become richer, education levels rise while family size decreases. This paper provides evidence that well before the onset of modern growth, changes in the return to education affected household choice of children's quantity versus quality....

Persistent link: https://www.econbiz.de/10013072581

Demography and Low Frequency Capital Flows

Backus, David - 2013

We consider the causes of international capital flows. Since capital flows are extremely persistent, we argue that their drivers must be persistent, too. We think the most compelling candidates are demographic trends, tfp differences and financial frictions. In this paper we focus primarily on...

Persistent link: https://www.econbiz.de/10013075426

Efficiency with Endogenous Population Growth

Golosov, Mikhail - 2006

In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat people who are not born. We show how these concepts...

Persistent link: https://www.econbiz.de/10012783878

The Heckscher-Ohlin Model between 1400 and 2000 : When it Explained Factor Price Convergence, When it Did Not, and Why

O'Rourke, Kevin Hjortshøj; Williamson, Jeffrey G. - 2001

There are two contrasting views of pre-19th century trade and globalization. First, there are the world history … were the two most important events in recorded history. Second, there is the view that the world economy was fragmented and … global economy that world historians assign to them, while there is plenty of evidence of a very big bang in the 19th century …

Persistent link: https://www.econbiz.de/10014175442

Measuring Ancient Inequality

Milanović, Branko; Lindert, Peter H.; Williamson, … - 2022

Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...

Persistent link: https://www.econbiz.de/10014223115