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UID:99974abed79947e991519d46d117a72c
CATEGORIES:Seminars
CREATED:20150504T143024
SUMMARY:Matteo Cervellati - University of Bologna
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p><span style="font-family: andale mono,times; font-size: 12pt;"><strong>U
 nified Growth Empirics</strong></span></p><p><span style="font-family: anda
 le mono,times; font-size: 12pt;">Abstract:</span></p><p style="text-align: 
 justify;"><span style="font-family: andale mono,times; font-size: 12pt;">In
  this paper we investigate the patterns of long-term determinants in a pane
 l of 60 countries over the period 1880-2000. We study a prototype micro-fun
 ded unified growth model of the economic and demographic transition that al
 lows to simulate the evolution of the economy over long periods of time. So
 me (deep) country specific parameters are pin down in the spirit of structu
 ral estimation. The quantitative model is used to simulate an artificial wo
 rld that produces the endogenous overtime evolution of life expectancy, fer
 tility, education and economic development over the period 0-2000 A.D. The 
 analysis allows to evaluate the fit of the model to actual panel data for t
 he last 120 years and to perform controlled (counterfactual) exercises. Fin
 ally, in a first attempt to link deep and proximate determinants, we invest
 igate the time invariant (e.g. geo-climatological) empirical determinants o
 f the estimated deep parameters.</span></p>
DTSTAMP:20260406T085917Z
DTSTART:20150305T173000Z
DTEND:20150305T190000Z
SEQUENCE:0
TRANSP:OPAQUE
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