RT info:eu-repo/semantics/article
T1 Population, immigration and growth in a Romer endogenous growth model
A1 Gutiérrez Díez, Pedro José
K1 Sstochastic general equilibrium model; endogenous growth; Romer’s (1986) model; population; immigration; immigrant-native complementarity.
AB Endogenous growth theory has not yet consistently incorporatedpopulation growth or immigration into its models. As a result, in the presentday, there is no universally accepted endogenous growth model explaining theempirical observed relationships between growth, population and immigration.The present paper overcomes this inconvenience by designing a fullyspecified Romer endogenous growth model, completely micro-founded, thatincorporates the existence of population growth and immigration and thatallows the stylised facts of growth as well as the relationships betweengrowth, population and immigration to be explained. In addition, the proposedmodel is susceptible to calibration and simulation, and, when applied to theUS economy, provides a good fit to the data.
SN 1097-4954
YR 2018
FD 2018
LK http://uvadoc.uva.es/handle/10324/37802
UL http://uvadoc.uva.es/handle/10324/37802
LA spa
NO Global Business and Economics Review, Vol. 20, Nos. 5/6, 2018, 679-708.
NO Producción Científica
DS UVaDOC
RD 24-dic-2024