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We set up a simple overlapping generation model that allows us to distinguish between life expectancy and active life expectancy. We show that individuals optimally adjust to a longer active life by educating more and, if the labor supply elasticity is high enough, by supplying less labor. When...
Persistent link: https://www.econbiz.de/10009619090
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514
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The aim of this research is to build on a theory for explaining economic development in a (neoclassical) growth model with endogenous fertility. The economy is comprised of overlapping generations of rational and identical individuals and identical competitive firms producing with a...
Persistent link: https://www.econbiz.de/10012130325
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In the past twenty years, India's economy has grown at increasing rates and now belongs to the fastest-growing economies in the world. This paper examines drivers of female labor force participation in urban India between 1987 and 2004, showing a much more nuanced picture of female labor force...
Persistent link: https://www.econbiz.de/10009533351
care provisioning by household, state, and the market sectors on the supply side and caring tendency to invest in human …
Persistent link: https://www.econbiz.de/10014483502
Persistent link: https://www.econbiz.de/10001380280
The aim of this paper is to show possible consequences of changes in labor force participation of women and the connection between fertility and labor force participation on the future demographic and economic development in Germany. For this purpose a projection model based on micro-data...
Persistent link: https://www.econbiz.de/10011634372
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