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Population Ageing and Economic Growth: Education Policy and Family Policy in a Model of Endogenous Growth (Contributions to Economics) [Paperback]

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Item description for Population Ageing and Economic Growth: Education Policy and Family Policy in a Model of Endogenous Growth (Contributions to Economics) by Sandra Gruescu...

We review standard economic growth models concentrating on the relationship between population ageing and economic growth and develop a growth model with endogenous human capital and endogenous fertility. With this model we analyse the effects of education policy and family policy on economic growth. The main result for economic policy is that education policy boosts human capital and thus economic growth only in the short-term (i.e. during the transition phase towards the steady state). To boost economic growth in the long-term (i.e. when the economy has reached its steady state), it is necessary to employ family policy as this increases both the fertility rate and the time individuals spend accumulating human capital. The main result for economic growth theory is that steady state economic growth is not possible when population is ageing.Steady state growth is only possible if the age structure of the population is constant.





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Item Specifications...


Pages   201
Est. Packaging Dimensions:   Length: 9.2" Width: 6.1" Height: 0.5"
Weight:   0.7 lbs.
Binding  Softcover
Release Date   Dec 8, 2006
Publisher   Physica-Verlag Heidelberg
ISBN  3790819050  
ISBN13  9783790819052  


Availability  65 units.
Availability accurate as of Mar 29, 2017 03:22.
Usually ships within one to two business days from La Vergne, TN.
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1Books > Bargain Books > Nonfiction > Psychology
2Books > Subjects > Business & Investing > Biographies & Primers > Labor Policy
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