We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income …

A simple classical-Marxian model of growth and distribution is developed in which education transforms low …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

&D-based endogenous growth model with exhaustible natural resources, labour, knowledge, and physical capital as inputs, the present paper … material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R … addresses this critique. We study transitional dynamics and the long-term growth path and identify conditions under which firms …

: an increase of 1°F in the average summer temperature is associated with a reduction in the annual growth rate of state … it is found that a reduction of U.S. economic growth by up to one third could occur over the next century. …

-endogenous growth model where the only distortion is monopoly pricing of intermediate goods. …

Welfare ranking of policy instruments is addressed in a two-sector Ramsey model with monopoly pricing in one sector as …

the net effect of these forces. To do so, we build an endogenous growth model with heterogeneous firms and acquisitions …. Our calibrated model implies that acquisitions raise the startup rate, but lower incumbents' own innovation as well as the … would increase growth by 0.03 percentage points per year, and raise welfare by 1.8%. …

standard multisector growth model accommodating these features to show that inefficient intermediate production strongly … depresses aggregate productivity and increases the price ratio of final goods to services. Applying the model to data for middle …

-type growth model for Germany that integrates a detailed bottom-up energy system module, coupled by a hard link. The model …This paper presents a detailed documentation of the hybrid energy-economy model REMIND-D. REMIND-D is a Ramsey … sectors of the energy system as well as overall macroeconomic dynamics. REMIND-D is an intertemporal optimization model …