During World War I (1914–1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy declined by almost 50 percent. The age structure of these countries’ populations were significantly affected for the duration of the 20th century. In France, where the population...

During World War I (1914--1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy declined by almost 50 percent. In France, where the population was 40 millions in 1914, the deficit of births is estimated to 1.36 millions over 4 years while military losses are...

During World War I (1914–1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy declined by almost 50 percent. In France, where the population was 40 millions in 1914, the deficit of births is estimated to 1.36 millions over 4 years while military losses are...

During World War I (1914--1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy fell by almost 50%. In France, where the population was 40 millions in 1914, the deficit of births is estimated at 1.4 millions over 4 years while military losses are estimated at...

During World War I (1914--1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy fell by almost 50%. In France, where the population was 40 millions in 1914, the deficit of births is estimated at 1.4 millions over 4 years while military losses are estimated at...

During World War I (1914{1918) the birth rates of countries such as France, Germany, the U.K., Belgium and Italy fell by almost 50%. In France, where the population was 40 millions in 1914, the decit of births is estimated at 1.4 million over 4 years while military losses are estimated at 1.4...

During World War I (1914–1918) the birth rate in France fell by 50%. The corresponding deficit of births is estimated at 1.4 million, while military losses are estimated at 1.4 million too. Thus, the fertility decline doubled the demographic impact of the war. I construct a model of fertility...

This dissertation consists of three independent essays in macroeconomics. The first essay studies the transition to a low carbon economy using an extension of the neoclassical growth model featuring endogenous energy efficiency, exhaustible energy and explicit climate-economy interaction. I...

Differences in the relative price of investment over consumption goods across countries are big, even after excluding non-tradable consumption goods. We interpret these differences as arising from differences in a wide range of policies that increase the cost of investment. Under this...

Neoclassical growth models require large productivity/distortion differences across countries to produce the observed disparities in the wealth of nations. In this paper I develop an otherwise very standard neoclassical model with technology adoption and schooling decisions, and show that in...