Browsing DFAEII by Author "Echevarría, Cruz Ángel"
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Income Taxation and Growth in an OLG Economy: Does Aggregate Uncertainty Play any Role?
We analyze the effects of capital income taxation on long-run growth in a stochastic, two-period overlapping generations economy. Endogenous growth is driven by a positive externality of physical capital in the production ... -
Life Expectancy, Human Capital, Social Security and Growth
Echevarría Olave, Cruz Ángel ; Iza Padilla, María Amaya (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005)We analyze the effects of changes in the mortality rate upon life expectancy, education, retirement age, human capital and growth in the presence of social security. We build a vintage growth, overlapping generations model ... -
Life Expectancy, Schooling Time and Endogenous Growth
Echevarría Olave, Cruz Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)I analyze how changes in life expectancy affect retirement age, education time, and growth rates of economies. I set up a continuous time, overlapping generations model of endogenous growth with externalities in human ... -
Population age structure and private consumption in Spain
Eguía Peña, María Begoña ; Echevarría Olave, Cruz Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)In this paper we study the effect of population age distribution upon private consumption expenditure in Spain from 1964 to 1997 using aggregate data. We obtain four main results. First, changes in the population pyramid ... -
Social Security, Education, Retirement and Growth
Iza Padilla, María Amaya ; Echevarría Olave, Cruz Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2008-02)In this paper we analyze the effects of social security policies in an unfunded, earnings-related social security system on the incentives to education investment and voluntary retirement, on growth and on income inequality. ... -
Unemployment rates and population changes in Spain
Echevarría Olave, Cruz Ángel ; Eguía Peña, María Begoña (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)This paper discusses the long run effect of changes in the age distribution of Spanish population on the unemployment rate, disaggregated by sex and age segments in the light of cointegration theory given the non stationarity ...