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Abstract This paper investigates the relationship between growth and inequality froma demographic point of view. In an extended model of the accidental bequest withendogenous fertility, we analyze the effects of a decrease in old-age mortality rate onthe equilibrium growth rate as well as on the...
Persistent link: https://www.econbiz.de/10005510524
It is well understood that the way of use of automobiles within urban areas should be reconsidered for environmental improvements, such as reduction of CO2 or energy itself. In this paper, scale effect of city size and cost advantage of railway over automobiles is examined in a simple setting...
Persistent link: https://www.econbiz.de/10005539908
This note shows that the long-run effect in the case of a low skill trap in Bräuninger and Vidal (Journal of Population Economics (2000) 13:387–401) contains a mistake. While not affecting the paper's basic intuition, this implies that the discussion in the short-run analysis also applies in...
Persistent link: https://www.econbiz.de/10005395944
This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended model of the accidental bequest with endogenous fertility, we analyze the effects of a decrease in the old-age mortality rate on the equilibrium growth rate as well as on the...
Persistent link: https://www.econbiz.de/10010928630
This paper presents a new method to clarify intergenerational effects of the demographic change in industrialized countries, i.e., the trend of aging. Recognized effects of aging are twofold; a disincentive effect and a product variety effect. The results are consistent with the empirical...
Persistent link: https://www.econbiz.de/10005809872
This note shows that Proposition 5 in Chang and Weisman (Southern Economic Journal 71:821–36) contains a mistake. Although not affecting the paper's basic intuition, our result shows that the parental transfer under the noncooperative game could be less than under the cooperative one if the...
Persistent link: https://www.econbiz.de/10005738806
It has been believed that a social security system (SSS) is harmful to economic growth. However, it has been recognized recently that a SSS can encourage economic growth if the engine of the growth is human-capital accumulation. This paper uses an analytical model à la Uzawa/Lucas to examine...
Persistent link: https://www.econbiz.de/10005823449
Persistent link: https://www.econbiz.de/10008495294
Persistent link: https://www.econbiz.de/10005250018
This paper investigates the relationship between growth and inequality from a demographicpoint of view. In an extended model of the accidental bequest with endogenous fertility, weanalyze the effects of a decrease in the old-age mortality rate on the equilibrium growth rateas well as on the...
Persistent link: https://www.econbiz.de/10005670761