Four stylised facts of economic growth in DCs are set up initially. Despite its obvious simplicity the linear growth model with subsistence consumption is able to reproduce two of them: a rise in the saving rate along with per capita income as well as ß-divergence. The speed of convergence...

Plagiate und Produktfälschungen haltenhäufi g die grundlegenden Sicherheits- undGesundheitsanforderungen für Produktenicht ein. Hierdurch wird die Sicherheit undGesundheit von Verbrauchern gefährdet.Zudem werden die Schutzrechtinhaberwirtschaftlich geschädigt und damit dieExistenz...

We investigate the effects of interregional labor market integration in a twosector,overlapping-generations model with land-intensive production in the nontradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that firms...