This paper presents a quantitative analysis of the model developed in Galor and Moav, Natural Selection and the Origin of Economic Growth (2002), in which agents vary genetically in their preference for quality and quantity of children. We simulate a parametric form of the model, enabling examination of the transition from Malthusian stagnation to modern rates of economic growth. The simulation...

This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cycles that can account for two key features of the aggregate data: balanced growth in the long run and business cycles in the short run. The model is built on Schumpeter’s idea that economic development is the consequence of the periodic arrival of innovations. There is growth because each subseque...

China has been considered as such a successful example of enhancing economic growth by massive infrastructure investments in the past decades. A recent paper by Shi and Huang (2014) indicates a very big positive return of public infrastructure in China during 1995-2011 using China’s provincial-level data. However, the literature has provided con‡icting empirical results on the productivity e¤ec...

Do aggregate income shocks, such as those caused by macroeconomic crises or droughts, reduce child human capital? The answer to this question has important implications for public policy. If shocks reduce investments in children, they may have a long-lasting impact on poverty and its intergenerational transmission. The authors develop a simple framework to analyze the effects of aggregate econo...

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background: despite extensive progress in ivf techniques, one of the most difficult problems is the variability in the response to controlled ovarian hyperstimulation (coh). recent studies show the effects of individual genetic variability on coh outcome. objective: to evaluate the correlation between lhβ g1502a polymorphisms in exon 3 of the lh gene and ovarian response to coh. materials and m...

economic globalization has been formed through last five centries, during which more developed counties in attempt 5 gain profits, influence and more economic lejemony dominated some states and developed their trade, economic and productive activifies. in recent years due 5 technological progress and specially liberalization polies through the world, there has been more progress everywhere. glo...

The impact of globalization on democratic governance is vigorously contested. This debate has largely failed to address the impact of integration on the signature institution of representative democracies|competitive elections. In this paper, I argue that globalization makes the voter's fundamental problem of selecting a desirable representative easier by increasing the revelation of informatio...

We investigate the findings in several recent studies using plantlevel data that report negative growth in the reallocation component of aggregate labor productivity growth. This empirical finding is also counter to almost all theoretical models of aggregate productivity growth, where inputs reallocate on average from the lower value to higher value activities. We attempt to solve this puzzle f...