Showing 1 - 10 of 19,303
usher in lies at the core of the demographic dividends. However, low human capital, poor health and inadequate physical … endogenous growth model applied to the Indian macroeconomic data, as to whether public expenditures in education, health and …. We deploy a Structural Vector Autoregressive Model on data for shares of public expenditure on education and health as …
Persistent link: https://www.econbiz.de/10011452232
usher in lies at the core of the demographic dividends. However, low human capital, poor health and inadequate physical … endogenous growth model applied to the Indian macroeconomic data, as to whether public expenditures in education, health and …. We deploy a Structural Vector Autoregressive Model on data for shares of public expenditure on education and health as …
Persistent link: https://www.econbiz.de/10012999017
Persistent link: https://www.econbiz.de/10011334190
The Austrian school is unique for its emphasis of the capital structure of an economy. In this paper, I explore what this “capital-based” approach to macroeconomics with its focus on capital as a structure and the heterogeneity of not only physical but also human capital might teach us about...
Persistent link: https://www.econbiz.de/10014120054
The paper studies the determinants of income distribution and growth in an overlapping generations economy with heterogenous households. Our framework has the following main features: (1) heterogeneity of consumers with respect to wealth and parental human capital; (2) intergenerational...
Persistent link: https://www.econbiz.de/10011399283
The paper studies the determinants of income distribution and growth in an overlapping generations economy withheterogenous households. Our framework has the following main features:heterogeneity of consumers with respect to wealth and parental human capital;intergenerational transfers,...
Persistent link: https://www.econbiz.de/10011318579
The accumulation of knowledge and its application to a variety of human needs is a discontinuous process that involves innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new technologies during industrial revolutions, other...
Persistent link: https://www.econbiz.de/10013277440
The apparently unrelenting growth in the GDP-share of health spending (SHS) has been a perennial issue of policy … health protection are subject to diminishing returns. Our prototype model, allowing for both quantity and quality of life as … drive long-term trends in aging and health spending and establishes a direct relation between health investments at young …
Persistent link: https://www.econbiz.de/10010239269
We embed human capital-based endogenous growth into a New-Keynesian model with search and matching frictions in the labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great Recession: a decline in productivity growth, the relative...
Persistent link: https://www.econbiz.de/10012269664
Innovative workplace practices based on multi-tasking and ICT that have been diffusing in most OECD countries since the 1990s have strong consequences on working conditions. Available data show together with the emergence of new organizational forms like multi-tasking, the increase in the...
Persistent link: https://www.econbiz.de/10014219727