Abstract We develop an overlapping generations model to study how the interplay between social and human capital affects fertility. In a framework where families face a trade-off between the quantity and quality of children, we incorporate the assumption that social capital plays a key role in...

Poor economic performance of minority groups and large economic disparity between these groups and the majority group are major concerns in most countries. In many of these countries, the mother tongue of the latter group is the common language in national business and in inter-group...

This paper provides a simple development mechanism for African nations, where economic development is low due to not only low level of physical capital but also poor social capital that leads to lot of conflicts. The study suggests for development of social capital, which is a broader concept...

In this paper, I propose a theory of demographic transition and associated growth of the stock of knowledge that posits social influence as a key determinant of these phenomena. Individuals are influenced by ideas developed in the previous generation; their goal is to maximize their own social...

The interplay between caste and education has been always a topic of debate in India since a long time now. The inter-linkage is sometimes clearly visible and sometimes not due to the qualitative nature of caste. This paper summarizes various literature on caste and education.

Artificial Intelligence (AI) has been embraced enthusiastically by Africans as a new resource for African development. AI could improve well-being by enabling innovation in business, education, health, ecology, urban planning, industry, etc. However, the high expectations could be little more...

Journal impact factor (IF) as a gauge of influence and impact of a particular journal comparing with other journals in the same area of research, reports the mean number of citations to the published articles in particular journal. Although, IF attracts more attention and being used more...

This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...

The present study examines whether crime rates can be reduced by increasing the IQ of people with high, average, and low IQ. Previous studies have shown that as a determinant of the national level of income per capita growth and technological achievement, the IQ of the intellectual class (those...

Individuals that reside in the highest social stratum of intelligence (i.e., those that have a high IQ) have been shown to generate relatively more national income and are more innovative, with those that have the lowest levels of IQ being less influential on economic development. However, the...