Endogenous Time Preference, Fertility, and Optimal Growth PDF Download
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Author: Michael Lee Stern
Publisher:
ISBN:
Category :
Languages : en
Pages : 294
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Book Description
Author: Michael Lee Stern
Publisher:
ISBN:
Category :
Languages : en
Pages : 294
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Book Description
Author: John B. Shoven
Publisher: University of Chicago Press
ISBN: 0226754758
Category : Business & Economics
Languages : en
Pages : 444
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Book Description
Demographics is a vital field of study for understanding social and economic change and it has attracted attention in recent years as concerns have grown over the aging populations of developed nations. Demographic studies help make sense of key aspects of the economy, offering insight into trends in fertility, mortality, immigration, and labor force participation, as well as age, gender, and race specific trends in health and disability. Demography and the Economy explores the connections between demography and economics, paying special attention to what demographic trends can reveal about the sustainability of traditional social security programs and the larger implications for economic growth. The volume brings together some of the leading scholars working at the border between the two disciplines, and it provides an eclectic overview of both fields. Contributors also offer deeper analysis of a variety of issues such as the impact of greater wealth on choices about marriage and childbearing and the effects of aging populations on housing prices, Social Security, and Medicare.
Author: Hendrik P. van Dalen
Publisher: Springer Science & Business Media
ISBN: 3642770371
Category : Political Science
Languages : en
Pages : 364
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Book Description
Economic Policy in a Demographically Divided World contains the economic analysis of the consequences of demographic change and the diverging population developments in an interdependent world economy in particular. The global divergence in demographic developments gives rise to a myriadof economic and ethical problems. This topic is treated with the help of themathematical apparatus of neoclassical optimal growth models. The author tries to disentangle the basic policy issues of a demographically divided world, such as a selective immigration policy, sustainable patterns of international lending and borrowing, development aid, and dynamic optimal taxation. The most important feature of the book is that it brings together information and theories of fairly recent date to analyse a practical policy problem, viz. issues related to a world economy that is characterised by a demographic division. This stylised fact is hardly given some attention in current economic theory and the book contains with respect to this stylised fact some new results. Customers might benefit from the book by gaining intuition concerning principles of economic policy in a world characterised by demographic change.
Author: Marc Nerlove
Publisher: Academic Press
ISBN: 1483274683
Category : Business & Economics
Languages : en
Pages : 174
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Book Description
Household and Economy: Welfare Economics of Endogenous Fertility deals with welfare economics and the socially optimal population size, as well as the social consequences of individual choice with respect to family size within each generation. The general equilibrium implications of endogenous fertility for a number of issues of population policy are discussed. In addition to their own consumption, the number of children and the utility of each child is assumed to enter the utility function of the parents. Comprised of 10 chapters, this volume begins with a review of social welfare criteria for optimal population size and the static theory of optimal population size, optimal population growth with exogenous fertility, and the theory of endogenous fertility. The reader is then introduced to the basic principles of welfare economics and the economics of externalities, followed by a summary of the traditional theory of household behavior. Subsequent chapters focus on optimal population size according to various social welfare criteria; real and potential externalities generated by the endogeneity of fertility; and the principal alternative reason for having children: to transfer resources from the present to support the future consumption of parents in old age. The book concludes by assessing the implications of endogenous fertility for within-generation income distribution policies and reflecting on the directions in which future research may be fruitful. This monograph will be of value to economists, social scientists, students of welfare economics, and those who wish to understand the contribution of economic analysis to an improved understanding of population policy.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309076102
Category : Social Science
Languages : en
Pages : 286
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Book Description
This volume is part of an effort to review what is known about the determinants of fertility transition in developing countries and to identify lessons that might lead to policies aimed at lowering fertility. It addresses the roles of diffusion processes, ideational change, social networks, and mass communications in changing behavior and values, especially as related to childbearing. A new body of empirical research is currently emerging from studies of social networks in Asia (Thailand, Taiwan, Korea), Latin America (Costa Rica), and Sub-Saharan Africa (Kenya, Malawi, Ghana). Given the potential significance of social interactions to the design of effective family planning programs in high-fertility settings, efforts to synthesize this emerging body of literature are clearly important.
Author: Robert J. Barro
Publisher: MIT Press
ISBN: 9780262025539
Category : Business & Economics
Languages : en
Pages : 676
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Book Description
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 548
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Book Description
Abstracts of dissertations available on microfilm or as xerographic reproductions.
Author: Klaus F. Zimmermann
Publisher: Springer Science & Business Media
ISBN: 3642500439
Category : Political Science
Languages : en
Pages : 181
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Book Description
The notion of optimum population has attracted the attention of economists ever since economics was made a science. Roots can be traced back to ancient Greece. The topic has recently found rising interest among population economists and demographers. The economic concept of optimum population seeks to define the population size, which maximizes a welfare criterion of the society. The purpose of this book is to outline this concept from a micro and macro perspective and to link it with issues of technical progress, social security, limited resources and migration. It treats fertility endogenously and studies its welfare and policy implications. The emphasis is on a rigorous theoretical treatment of the subject using the modern growth and welfare theory as well as the new classical micro model of the family.
Author: Kenichiro Ikeshita
Publisher: Springer Nature
ISBN: 9811608857
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
This book clarifies how globalization, progress in the knowledge-based economy, and demographic change affect regional economic growth, using the latest analytical methods for economic growth. In the last 30 years, Asian countries have realized remarkable economic growth and are expected to become major growth centers of the world economy in the future. On the other hand, many researchers and policy makers point out that the Asian economy will face numerous challenges to sustain its growth. Specifically, globalization, realization of the knowledge-based economy, and population decline will bring about major changes in the structure of the Asian economy. This book provides the reader with the analytical framework to investigate how these structural changes affect regional economic growth. Moreover, the book covers topics such as foreign direct investment, quality of institutions, intergenerational conflict, education policies, and household fertility decision, all of which are comprehensively explained from the point of view of economic growth. Therefore, the scope of this volume is not only contemporary but also important for going beyond the usual regional economics and growth literature. This work is highly recommended to academic researchers and students who are interested in various aspects of regional economic growth.
Author: Gustav Feichtinger
Publisher: Springer
ISBN: 3319751697
Category : Business & Economics
Languages : en
Pages : 443
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Book Description
Since the days of Lev Pontryagin and his associates, the discipline of Optimal Control has enjoyed a tremendous upswing – not only in terms of its mathematical foundations, but also with regard to numerous fields of application, which have given rise to highly active research areas. Few scholars, however, have been able to make contributions to both the mathematical developments and the (socio-)economic applications; Vladimir Veliov is one of them. In the course of his scientific career, he has contributed highly influential research on mathematical aspects of Optimal Control Theory, as well as applications in Economics and Operations Research. One of the hallmarks of his research is its impressive breadth. This volume, published on the occasion of his 65th birthday, accurately reflects that diversity. The mathematical aspects covered include stability theory for difference inclusions, metric regularity, generalized duality theory, the Bolza problem from a functional analytic perspective, and fractional calculus. In turn, the book explores various applications of control theory, such as population dynamics, population economics, epidemiology, optimal growth theory, resource and energy economics, environmental management, and climate change. Further topics include optimal liquidity, dynamics of the firm, and wealth inequality.
