Optimal Economic Growth And Non Stable Population

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Optimal Economic Growth And Non Stable Population

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Author : Evert van Imhoff
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Optimal Economic Growth And Non Stable Population written by Evert van Imhoff and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.

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

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Author : Evert Imhoff
language : en
Publisher:
Release Date : 1987

Optimal Economic Growth And Non Stationary Population written by Evert Imhoff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.

Economic Theory Of Optimal Population

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Author : Klaus F. Zimmermann
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Economic Theory Of Optimal Population written by Klaus F. Zimmermann and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.

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.

Economic Policy In A Demographically Divided World

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Author : Hendrik P. van Dalen
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Economic Policy In A Demographically Divided World written by Hendrik P. van Dalen and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.

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

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Author : Dieter Bös
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Fiscal Implications Of An Aging Population written by Dieter Bös and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.

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

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Author : Klaus F. Zimmermann
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Migration And Economic Development written by Klaus F. Zimmermann and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.

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.

Labour Markets In An Ageing Europe

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Author : Paul Johnson
language : en
Publisher: Cambridge University Press
Release Date : 1993-05-13

Labour Markets In An Ageing Europe written by Paul Johnson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-05-13 with Business & Economics categories.

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.

A Second Chance For Europe

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Author : Jo Ritzen
language : en
Publisher: Springer
Release Date : 2017-05-18

A Second Chance For Europe written by Jo Ritzen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-18 with Business & Economics categories.

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.

Theoretical And Policy Oriented Aspects Of The External Debt Economics

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Author : Chris Czerkawski
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Theoretical And Policy Oriented Aspects Of The External Debt Economics written by Chris Czerkawski and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

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.

The Demographic Dividend

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Author : David Bloom
language : en
Publisher: Rand Corporation
Release Date : 2003-02-13

The Demographic Dividend written by David Bloom and has been published by Rand Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-02-13 with Social Science categories.

There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.