Search results for: optimal-economic-growth-and-non-stable-population

Optimal Economic Growth and Non Stable Population

Author : Evert van Imhoff
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This book studies optimal economic growth in a closed economy which experiences non-stable population growth. The economy is described by means of a neoclassical growth model which distinguishes overlapping generations within the population. The basic neoclassical growth model is extended to include various types of technical change, as well as investment in human capital or education. The research described in this book connects the analytical tools of traditional growth theory with the actual demographic experience of most industrialized countries. The role of demographic processes in the growth theoretical literature is discussed in the next section. The discussion will show that growth theory needs to extend its scope through the construction of growth models which explicitly recognize demographic forces as a potential source of non-stationarities. This book constitutes a first attempt at such a demographic extension. 1.1 Growth theory and demographic change The theory of economic growth (e.g. Solow, 1970; Burmeister & Dobell, 1970; Wan, 1971) attempts to describe and to explain the long-run development of an economic system (or, in short, economy). An economic system is essentially dynamic in nature. Among the most important sources of dynamics in economics are the following: accumulation of capital (investment); technical change; population growth. Some of these dynamic forces are, at least in part, endogenous to the economic system (i.e. determined by economic variables).

Optimal Economic Growth and Non stationary Population

Author : Evert Imhoff
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Optimal Economic Growth and Investment in Education Under Conditions of Non stable Population

Author : Evert Imhoff
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Optimal Economic Growth and Non stationary Population

Author : Evert Imhoff
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Economic Sciences in the Netherlands

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Public Finance

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Aanwinsten van de Centrale Bibliotheek Queteletfonds

Author : Bibliothèque centrale (Fonds Quetelet)
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Spatial Search

Author : Gunther Maier
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Two areas have fascinated me for a long time. One is the micro economic theory of consumer behavior, the other one the role of space in economic processes. Usually, the two don't go together very well. In more advanced versions of microeconomic consumer theory its economic actor may face uncertainty, have to allocate resources over time, or have to take into ac count the characteristics of products, but rarely deals with space. He/she inhabits a spaceless point economy. Regional Science, on the other hand, describes and analyzes the spatial structure and development of the econ omy, but either ignores individual decision making altogether or treats it in a rather simplistic way. In this book I try to bring together these two areas of interest of mine. I do this by use of the microeconomic concept of search and placing it in an explicit spatial context. The result, in my opinion, is a theoretical concept with fascinating implications, a broad set of potential implications, and numerous interesting research questions. After reading this book, where I layout the basic idea of spatial search, describe its elements, and discuss some of its implications, I hope the reader will share this opinion. There are still plenty of unanswered research questions in this part of economic theory. Hopefully, this book will stimulate more work along these lines.

Optimal Economic Growth and Endogenous Population Change

Author : John Stuart Lane
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Economic Policy in a Demographically Divided World

Author : Hendrik P. van Dalen
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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.

Fiscal Implications of an Aging Population

Author : Dieter Bös
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Serious research into the causes and implications of an aging population is a relatively recent phenomenon. Though several relevant issues of aging havereceived considerable attention in public and political discussions (especially in European countries and in Japan), the economics profession is somewhat lacking behind. This is particularly true for thetheoretical underpinnings of the economics of population aging. Until now, the aging-debate is primarily led by institutionalists. The present book with its analytical and econometric studies on fiscal implications of population aging is an important step in the process of theoretical analysis of aging. It is of interest both for population economists (and demographers) and for public economists - providing a bridge between these areas of research.

Migration and Economic Development

Author : Klaus F. Zimmermann
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Klaus F. Zimmermann Migration has become a topic of substantial interest in Europe in recent years. Part of this interest is driven by the important political changes in East Europe and the potential threat of large East-West migration waves. However, due to the large differences in economic development a substantial migration pressure is also expected from the South of Europe as of other parts of the world. The global migration potential towards the higher developed areas has reached about 80 to 100 million people. Thereof, about 60 million would like to move permanently, 20 million temporarily and about 15 million are refugees and asylum seekers and approximately 30 million are iIIegals. The book consists of eight papers which are allocated to five parts: Theoretical Models (Part I), Performance of Migrants (Part 11), Migration Within Developing Countries (Part IV) and Immigration Policy (Part V)' Each paper begins with a brief summary of its content. Part I, Theoretical Models, contains first "A Microeconomic Zlmm.r-mann VI Model of Migration" by Siegfried Berninghaus and Hans-GUnther Seifert-Vogt. They study migration decision making under incomplete information and apply it to empirically relevant phenomena. The second paper by Gerhard Schmitt-Rink "Migration and International Factor Price Equalization" demonstrates that international migration tends to equalize national factor prices and factor shares even in the absence of international trade. In Part II, Performance of Migrants, Lucie Merkle and Klaus F.

External Imbalances and Fiscal Policy in the Group of Three Countries

Author : Jeroen J. M. Kremers
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Demography

Author : Guillaume J. Wunsch
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This four-volume collection of over 140 original chapters covers virtually everything of interest to demographers, sociologists, and others. Over 100 authors present population subjects in ways that provoke thinking and lead to the creation of new perspectives, not just facts and equations to be memorized. The articles follow a theory-methods-applications approach and so offer a kind of "one-stop shop" that is well suited for students and professors who need non-technical summaries, such as political scientists, public affairs specialists, and others. Unlike shorter handbooks, Demography: Analysis and Synthesis offers a long overdue, thorough treatment of the field. Topics to be covered: * Population Dynamics and the Relationship Between Population Growth and Structure * The Determinants of Fertility * The Determinants of Mortality * The Determinants of Migration * Historical and Geographical Determinants of Population * The Effects of Population on Health, Economics, Culture, and the Environment * Population Policies * Data Collection Methods and Teaching about Population Studies * All chapters share a common format * Each chapter features several cross-references to other chapters * Tables, charts, and other non-text features are widespread * Each chapter contains at least 30 bibliographic citations

Optimal Economic Growth and Non stable Population

Author : Evert Imhoff
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A Second Chance for Europe

Author : Jo Ritzen
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This book calls upon us to rethink and reboot the European Union. The authors dissect the EU’s many vulnerabilities: how some Member States are backsliding on the rule of law, freedom of the press, and control of corruption – and how globalization’s ‘discontents’ are threatening the liberal international order. It examines the need for a common immigration policy; the need to rethink the unsustainable debt overhang of some Eurozone countries; and the need to use education to foster a European identity. Given the sum total of these vulnerabilities, the book argues, the EU may not survive beyond 2025 in its present form – that is, unless decisive action is taken. In turn, the book puts forward a number of workable solutions: a European economic model to secure full employment; a stronger European Court of Human Rights to counter systemic violations; a points-based immigration policy; clear exit options for the Eurozone; and an Open Education Area with a common second language. These solutions may reduce the number of EU countries, but would increase cohesion and overall survivability.

Labour Markets in an Ageing Europe

Author : Paul Johnson
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The population of the European Community will fall by 2% by the year 2025. Between 1960 and 1990, it grew by 17%. This contrast reflects the dramatic growth of the population of pensioners in the total population, and also the rapid ageing of the Community's working population. In this volume, based on a CEPR conference held in Munich in April 1992, leading economists in the field assess demographic and labour market developments in Western and Eastern Europe. They compare them with developments in the USA and Japan, and assess the effects of ageing on European productivity, earnings and human capital formation. Policies to improve the quantity and quality of the labour force are considered, including incentives for female labour participation, selective immigration policies, 'pronatalist' family policies, and improved human capital formation.

The Economic Consequences of Immigration to Germany

Author : Gunter Steinmann
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This volume discusses some economic aspects of immigration with special refer ence to the case of Germany. Immigration has become a major issue in Germany. Germany still does not have an official immigration policy in spite of the fact that more than 8 percent of the residents are non-citizens and that Germany · s immigration figures almost have reached the US figures. The foreign Iabor supply strongly influences the German Iabor market. The bulk of foreign workers is employed in certain industries. In some industries (mining, steel) 20 and more percent of the employees are foreign workers. Most foreign workers are blue collar workers with low wages. The Iabor demand for immigrants has declined in the last 15 years while the foreign population and Iabor supply has increased. As a consequence, foreigners experience higher unemployment rates than Germans. The fall of the Berlin wall and the collapse of the communist regimes in East Europe further increased the blue collar Iabor supply and strengthened the competition for foreign workers on the German Iabor market.

Theoretical and Policy Oriented Aspects of the External Debt Economics

Author : Chris Czerkawski
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The past approach to the international debt crisis has been traditionally based on conventional banking principle in which debt had to be paid back in fuH and in time. International lending was a function of the perceived credit standing of debtor country and the return on investment (ROI). If debtor country run into difficulties and had problems with service payments - it was generally assumed that the debt-related expenditures were mismanaged. With economic stability and firm financial rules - the debt crisis was supposed to disappear after application of appropriate adjustment measures. However in the world of inconsistent lending criteria greater uncertainty and increased volatility of expectations - the problem has continued to get worse. At the beginning of the 1990s a number of countries are more indebted than at any other time in the past. Until mid 1980s extern al debt economics has been rather a disembodied concept for most economists and business leaders. The main reason for this neglect of one of the most important macroeconomic categories was difficulty of distinguishing terminologically and methodologically the domestic determinants of national expenditures from the external ones. Then there were conceptual problems in distinguishing the functional determinants of macroeconomic liquidity from external and domestic determinants of macro-economic solvency. Moreover many studies of the debt crisis were one-sided. Usually debt was seen as a 'white-black' phenomenon with debtor countries accusing creditor countries for causing the crisis and vice versa.

Voter Behavior in Economics Perspective

Author : Arthur J.H.C. Schram
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In this book voter behavior is analyzed from an economist's point of view. The influence of an economy on voter behavior is investigated and this behavior is analyzed in the perspective commonly used by economists. Econom(etr)ic tools are applied in the analyses. The book contains empirical analyses linking demographic variables to voter turnout and party choice using cross-section data for the Netherlands. Attention is focused on whether turnout and party choice decisions are taken sequentially or simultaneously by voters. An empirical test supports the former. Using these results, behavioral models of party choice and voter turnout are developed. Existing econometric analyses of voting behavior are put on a more solid theoretical footing. In both models a group perspective is used, in line with increased attention for this perspective in economics and political science. Empirical applications of the party choice model allow for an estimation of relative preferences for public goods, using the revealed preference mechanism provided by voting (intention). An alternative method for detecting these preferences, a new survey design, is discussed as well. In the turnout model, attention is fo- cused on the role of "civic duty" in a group context.