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Compared to other factors, the role of the age distribution of the population as a key endogenous determinant of economic growth trajectories has traditionally been overlooked. This is unrealistic, especially when dealing with major epochs of structural change, such as demographic transitions....
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Institutional and Social Dynamics of Growth and Distribution presents a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.
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Immigration might be a remedy against the stress that low fertility causes to demographic and welfare systems. Sustained immigration, however, can alter both the demographic and epidemiological profiles of the receiving population. An age-structured SIR (susceptible-infective-recovered) model...
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The paper investigates the role of progressive income taxation in the frame of the basic multiplier-accelerator model in continuous time. It is shown that, while proportional taxation is, as common wisdom believes, always stabilizing, in the case of non-linear progressive taxation, an increase...
Persistent link: https://www.econbiz.de/10008558251