scholarly journals Pensions, household saving, and welfare: A dynamic analysis of crowd out

10.3982/qe349 ◽  
2016 ◽  
Vol 7 (1) ◽  
pp. 193-224 ◽  
Author(s):  
David M. Blau
2011 ◽  
pp. 66-77
Author(s):  
O. Vasilieva

Does resource abundance positively affect human capital accumulation? Or, alternatively, does it «crowd out» the human capital leading to the deterioration of economic growth? The paper gives an overview of the relevant literature and discusses both theoretical and empirical results obtained regarding the connection between human capital accumulation and resource abundance. It shows that despite some theoretical predictions about the harmful effect of resource abundance on human capital accumulation, unambiguous evidence of such impact that would be robust with respect to the change of resource abundance parameter has not been obtained yet.


2011 ◽  
Vol 131 (2) ◽  
pp. 166-170 ◽  
Author(s):  
Yoshihiro Nakata ◽  
Hiroshi Ishiguro ◽  
Katsuhiro Hirata

Author(s):  
Carlos Alberto Dutra Fraga Filho ◽  
Fernando César Meira Menandro ◽  
Rivânia Hermógenes Paulino de Romero ◽  
Juan Sérgio Romero Saenz

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