Supplemental Notes to "Demographic transition and industrial revolution: A macroeconomic investigation"
Michael Bar and
Oksana Leukhina ()
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Michael Bar: San Francisco State University
Online Appendices from Review of Economic Dynamics
These notes cover: Derivation of the objective function of the Dynastic Problem, Characterization of the competitive equilibrium, Sequential Problem (SP) whose solution corresponds to the competitive equilibrium allocation, Limiting behavior of the equilibrium time paths, Calibration as a solution to the system of linear equations, Solution method, Solving our model with the Barro and Becker parental utility, Effects of TFP and Labor Supply Changes on Structural Change.
Note: The original article was published in the Review of Economic Dynamics
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Journal Article: Demographic Transition and Industrial Revolution: A Macroeconomic Investigation (2010)
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