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Human capital accumulation and endogenous public expenditures

โœ Scribed by Gerhard Glomm; B. Ravikumar


Book ID
108500018
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
371 KB
Volume
34
Category
Article
ISSN
0008-4085

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โœ Gustav Feichtinger; Engelbert J. Dockner ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer ๐ŸŒ English โš– 766 KB

In this paper we attempt to explain the occurrence of population cycles in industrialised economies where the birth rate depends on the difference between the actual and the expected consumption rate. This model of an endogenously growing population brings together Easterlin's idea of an adapting as