This paper studies the growth effects of externalities associated with intergenerational health transmission, health persistence, and women's occupational constraints- with particular emphasis on the role of access to infrastructure. The first part provides a review of the evidence on these...

The effects of capital requirements on risk-taking and welfare are studied in a stochastic overlapping generations model of endogenous growth with banking, limited liability, and government guarantees. Capital producers face a choice between a safe technology and a risky (but socially...

Interactions between knowledge and health are studied in a three-period overlapping generations model with health persistence. Agents face a non-zero probability of death in adulthood. In addition to working, adults allocate time to child rearing. Growth dynamics depend in important ways on the...