منابع مشابه
Social capital accumulation and the evolution of social participation
We study the co-evolution of social participation and social capital accumulation, taking the view that the former contributes to the latter, and both contribute to socially enjoyed leisure. We show that a process of substitution of private for social activities (observable in some advanced, affluent economies), might be self-reinforcing and lead to a Pareto-dominated steady state. We find some...
متن کاملCapital Accumulation and space economy in Iran
Introduction The accumulation of capital is being considered as a major driving force as far as the development is concerned. The mechanism of this accumulation implemented during three processes. Capital accumulation within different historical and geographical setting results in special locational forms known as space economy. Historical experiences with respect to capital accumulation in ...
متن کاملUnemployment insurance and capital accumulation
In this paper, I examine a model economy with production, search, and unemployment insurance. The introduction of capital into the economy of Wang and Williamson (2001) generates the result that optimal replacement ratios are always zero. The result arises from the decline in aggregate activity caused by unemployment insurance: both capital and labor inputs to production fall when benefits rise...
متن کاملHousing Taxation and Capital Accumulation
This paper studies the impact of the preferential tax treatment of housing capital in a model economy that includes the main housing tax provisions currently in place in the U.S. and a minimum downpayment requirement upon purchasing non-divisible houses. Distortions arise because the tax code makes the return on housing capital larger than that on business capital. The wedge between the two rat...
متن کاملOligopoly Banking and Capital Accumulation∗
We develop a dynamic general equilibrium model of capital accumulation where credit is intermediated by banks operating in a Cournot oligopoly. The number of banks affects capital accumulation through two channels. First, it affects the quantity of credit available to entrepreneurs. Second, it affects banks’ decisions to collect costly information about entrepreneurs, and thus determines the ef...
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ژورنال
عنوان ژورنال: Evolutionary Human Sciences
سال: 2020
ISSN: 2513-843X
DOI: 10.1017/ehs.2020.19