Optimal Economic Growth and Non-Stable Population (Studies in Contemporary Economics). Questo articolo non è disponibile.Optimal Economic Growth and Non-Stable Population (Studies in Contemporary Economics)

This book studies the consequences of demographic change for optimal economic growth in a closed economy. It connects the analytical tools of traditional growth theory with the actual demographic experience of most industrialized countries. A natural way

1 Introduction.- 1.1 Growth theory and demographic change.- 1.2 Optimal economic growth.- 1.3 Population dynamics and economic development.- 1.4 Research goals and outline of the book.- 2 Optimal economic growth in the simple one-sector growth model.- 2.1 The simple one-sector growth model.- 2.1.1 Population and labour.- 2.1.2 Production and investment.- 2.1.3 Social welfare.- 2.2 The Non-Stationary Golden Rule.- 2.3 Comparative statics and the Golden Rule.- 2.4 Optimal population growth.- 2.5 The non-stationary optimal growth path.- 2.6 Summary.- 3 Technical change and economic growth.- 3.1 On the concept of technical change.- 3.2 Classifications of technical change.- 3.2.1 Exogenous vs. endogenous technical change.- 3.2.2 Neutral vs. biased technical change.- 3.2.3 Embodied vs. disembodied technical change.- 3.3 Technical change in one-sector growth models.- 4 Optimal economic growth under conditions of technical change.- 4.1 A model with exogenous disembodied technical change.- 4.1.1 The Generalized Golden Rule.- 4.1.2 Comparative statics.- 4.1.3 The non-stationary optimal growth path.- 4.1.4 Summary.- 4.2 A model with exogenous embodied technical change Contents.- 4.2.1 The fixed-coefficients capital vintage model.- 4.2.2 Optimal economic growth.- 4.2.3 Comparative statics.- 4.2.4 Stability of steady states.- 4.2.5 Second-order conditions.- 4.2.6 The non-stationary optimal growth path.- 4.2.7 Summary.- 4.3 A model with endogenous technical change.- 4.3.1 The Golden Rule of Research.- 4.3.2 Comparative statics.- 4.3.3 The non-stationary optimal growth path.- 4.3.4 Summary.- Appendix to Chapter 4.3.- 5 Education and economic growth.- 5.1 Economics and education.- 5.2 Education as a production process.- 5.2.1 Educational outputs.- 5.2.2 Educational inputs.- 5.2.3 Functional form.- 5.3 Selection of models.- 6 Optimal economic growth and investment in education.- 6.1 A model with homogeneous human capital.- 6.1.1 Homogeneous human capital in a model of overlapping generations.- 6.1.2 Optimal investment in education.- 6.1.3 Comparative statics.- 6.1.4 The non-stationary optimal growth path.- 6.1.5 Summary.- 6.2 A model with heterogeneous human capital.- 6.2.1 Optimal control with integral state equations and bounded controls.- 6.2.2 The model with two types of labour.- 6.2.3 Optimal economic growth.- 6.2.4 Comparative statics.- 6.2.5 Dynamics.- 6.2.6 Summary.- 7 Optimal educational policy under conditions of technical change.- 7.1 Education and exogenous disembodied technical change.- 7.1.1 Optimal investment in education.- 7.1.2 Comparative statics.- 7.1.3 Summary.- 7.2 A model with education as transmitter of technical change.- 7.2.1 Education and labour-embodied technical progress.- 7.2.2 Optimal economic growth.- 7.2.3 Comparative statics.- 7.2.4 The non-stationary optimal growth path.- 7.2.5 Summary.- 8 Simulations for the Netherlands.- 8.1 Demographic data.- 8.2 Simulation for the model with homogeneous human capital.- 8.3 Simulations for the model with heterogeneous human capital.- 9 Summary and evaluation.- 9.1 Summary.- 9.2 Evaluation.- References.- Author index.