Omar Licandro
Biographic Data
| ID | 5732507 |
|---|---|
| NAME | Omar Licandro |
| GIVEN NAMES | Omar |
| FAMILY NAME | Licandro |
| SIGNATURE | LICANDRO O |
| AFFILIATIONS | European University Institute |
| ORCID | 0000-0002-3581-0551 |
| VERIFIED | Yes |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 15 |
| WORKS AS AUTHOR | 6 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1991 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 2 |
Is the output growth rate in Nipa a welfare measure
This paper shows that, in a dynamic general equilibrium framework, the rate of output growth as measured by national income and product accounts reflects changes in welfare in the precise sense of equivalent variation. The main argument is straightforward. In a two-sector dynamic general equilibrium model of heterogeneous households, recursive preferences and quasi-concave technology, the Bellman equation provides a representation of household pr…
Trade, Firm Selection and Innovation
We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and endogenous growth. Variable markups arise from oligopolistic competition, and cost-reducing innovation is the engine of long-run growth. Trade liberalisation stiffens competition by reducing markups, generating tougher firm selection and increasing the aggregate productivity level. Selection increases firms’ incentives to innovate, thereby leading t…
The Child is Father Of the Man
We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. This theory is embodied in an OLG framework where fertility, longevity and education all result from individual decisions. The model displays different regimes, allowing the economy to move slowly from an initial Malthusian regime towards the Modern era. The dynamics reproduces the …
Obsolescence and modernization in the growth process
Vintage Human Capital, Demographic Trends, and Endogenous Growth
Julio Millot y Magdalena Bertino
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
The Child is Father Of the Man
We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. This theory is embodied in an OLG framework where fertility, longevity and education all result from individual decisions. The model displays different regimes, allowing the economy to move slowly from an initial Malthusian regime towards the Modern era. The dynamics reproduces the …
Trade, Firm Selection and Innovation
We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and endogenous growth. Variable markups arise from oligopolistic competition, and cost-reducing innovation is the engine of long-run growth. Trade liberalisation stiffens competition by reducing markups, generating tougher firm selection and increasing the aggregate productivity level. Selection increases firms’ incentives to innovate, thereby leading t…
Julio Millot y Magdalena Bertino
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
Vintage Human Capital, Demographic Trends, and Endogenous Growth
Obsolescence and modernization in the growth process
The Child is Father Of the Man
We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. This theory is embodied in an OLG framework where fertility, longevity and education all result from individual decisions. The model displays different regimes, allowing the economy to move slowly from an initial Malthusian regime towards the Modern era. The dynamics reproduces the …
Trade, Firm Selection and Innovation
We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and endogenous growth. Variable markups arise from oligopolistic competition, and cost-reducing innovation is the engine of long-run growth. Trade liberalisation stiffens competition by reducing markups, generating tougher firm selection and increasing the aggregate productivity level. Selection increases firms’ incentives to innovate, thereby leading t…
Is the output growth rate in Nipa a welfare measure
This paper shows that, in a dynamic general equilibrium framework, the rate of output growth as measured by national income and product accounts reflects changes in welfare in the precise sense of equivalent variation. The main argument is straightforward. In a two-sector dynamic general equilibrium model of heterogeneous households, recursive preferences and quasi-concave technology, the Bellman equation provides a representation of household pr…
Economics (5 works) · Economic Growth and Productivity (4 works) · Fiscal Policy and Economic Growth (3 works) · Macroeconomics (3 works) · Biology (2 works) · Business (2 works) · Computer Science (2 works) · Demographic economics (2 works) · Demographic transition (2 works) · Demography (2 works)