| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6696 |
| DP6696 Debt Stabilisation Bias and the Taylor Principle: Optimal Policy in a New Keynesian Model with Government Debt and Inflation Persistence | |
| David Vines; Sven Jari Stehn | |
| 发表日期 | 2008-02-07 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant portion of these gains in less developed economies have been channelled towards population growth. Cross-country regressions establish that indeed trade has positive effects on fertility and negative effects on education in non-OECD economies, while inducing fertility decline and human capital formation in OECD economies. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Demographic transition Growth Human capital International trade |
| URL | https://cepr.org/publications/dp6696 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535533 |
| 推荐引用方式 GB/T 7714 | David Vines,Sven Jari Stehn. DP6696 Debt Stabilisation Bias and the Taylor Principle: Optimal Policy in a New Keynesian Model with Government Debt and Inflation Persistence. 2008. |
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