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• W2073040757 abstract "This article analyzes the effect of the opportunities abroad on the growth path that a small open economy, in which redistribution policy in favor of less prosperous segments takes place, is expected to follow. The model shows that redistribution policy raises fertility among the unskilled recipients, lowers fertility among the contributing skilled, slows human capital accumulation, and reduces per-capita output growth. The paper demonstrates that the opportunities abroad determine the share of income redistributed and ultimately induce the offspring of the unskilled to invest in human capital and decrease their family size." @default.
• W2073040757 created "2016-06-24" @default.
• W2073040757 creator A5067276831 @default.
• W2073040757 date "2004-08-01" @default.
• W2073040757 modified "2023-10-10" @default.
• W2073040757 title "Redistribution, fertility, and growth: The effect of the opportunities abroad" @default.
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• W2073040757 doi "https://doi.org/10.1016/j.euroecorev.2003.09.005" @default.
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