Economic Theory, Vol. 29, No. 2, Symposium in Honor of Mukul Majumdar (Oct., 2006), pp. 341-362 (22 pages) We highlight two features of undiscounted optimal growth in the context of a two-sector model ...
Throughout the world, some countries consider immigration policies to address labor supply difficulties.Particularly because OECD countries typically have an aging society with fewer children, ...