Showing 1 - 10 of 41
adjustment dynamics in line with the historical facts on savings and economic growth in Europe from the High Middle Ages to today …
Persistent link: https://www.econbiz.de/10010270036
much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …
Persistent link: https://www.econbiz.de/10011653022
This paper develops a bioeconomic Malthusian growth model. By integrating recent research on allometric scaling, energy consumption and ontogenetic growth, we provide a model where subsistence consumption is endogenously linked to body size and fertility. The theory admits a unique Malthusian...
Persistent link: https://www.econbiz.de/10010265679
Drawing on recent research on allometric scaling and energy consumption, the present paper develops a nutrition-based efficiency wage model from first principles. The biologically micro-founded model allows us to address empirical criticism of the original nutrition-based efficiency wage model....
Persistent link: https://www.econbiz.de/10010265684
purpose, we use four waves of the Survey of Health, Aging and Retirement in Europe (SHARE dataset) and construct a health …
Persistent link: https://www.econbiz.de/10011590639
Survey of Health, Aging, and Retirement in Europe (SHARE) and construct a frailty index for elderly men and women from 10 …
Persistent link: https://www.econbiz.de/10012799670
five waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) dataset and construct a frailty index for …
Persistent link: https://www.econbiz.de/10012234809
A neoclassical growth model is augmented by a corporate sector, financial intermediation, and a set of tax rates. In this setting, capital structure is determined by the interplay between an advantage of debt finance resulting from the tax system and a disadvantage resulting from asymmetric...
Persistent link: https://www.econbiz.de/10010262982
Does it make us unhappier when we compare our current consumption with that of the Joneses or our own past achievements? This paper tries an answer without recurring on interpersonal utility comparisons. It calibrates an economy under three different assumptions, non-comparing utility, and...
Persistent link: https://www.econbiz.de/10010264934
The natural sciences have established a general scaling law that relates metabolism and body size of animals. Recently this association - known as Kleiber's law - has received deep theoretical foundation by network theory and has been fruitfully applied to explain various biological phenomena,...
Persistent link: https://www.econbiz.de/10010264937