Social security in a classical growth model

Article Abstract:

The rate of capital accumulation is endogenous and determines the growth of employment, since the population of workers accommodates growth. A growth model with overlapping generations of workers who save for life-cycle reasons and Riparian capitalists who save from a bequest motive are developed.

United Kingdom, Employment, Administration of General Economic Programs, Jobs & Employment, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Social Security

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Push or pull? The relationship between development, trade and primary resource endowment

Article Abstract:

A model is developed to capture the interaction between transaction efficiency and primary resource endowment for specialization and development. It explains the well-documented examples of resource rich countries that have failed to develop and resource poor countries that have developed.

Developing Countries

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Endogenous technical change with externalities in a classical growth model

Article Abstract:

The author combines several economic models to show that unpriced land leads to catastrophe when capital to labor elasticity is less than unity.

Models, Technological innovations, Greenhouse gases, Elasticity (Economics)

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