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“Schooling, Risk Attitude and Growth”

Year 2006, Volume: 13 Issue: 2, 63 - 76, 01.06.2006

Abstract

References

  • AGHION, P. and P. HOWITT, (1992), “A Model of Growth through Creative Destruction,” Econometrica, vol. 60, no. 2, 323-351.
  • ARROW, K. J. (1970), Essays in the theory of Risk Bearing, Chicago: Markham.
  • (1962), “The Economic Implications of Learning by Doing,” Review of
  • Economic Studies, vol. 29, 155-173.
  • BARRO, R. J. (1991), “Economic Growth in a Cross Section of Countries,” Quarterly Journal of Economics, vol. 106, no. 2, 407-433.
  • and X. Sala—i-Martin, (1995), Economic Growth, McGraw-Hill, Inc.
  • BLANCHARD, 0. and S. FISHER, (1989), Lectures on Macroeconomics, Cambridge, MA: MIT Press.
  • Becker, G. S., K. M. Murphy, and R. Tamura, (1990), “Human Capital, Fertility, and Economic Growth,” Journal of Political Economy, vol. 98, no. 5, pt. II, S12—S37.
  • GROSSMAN, G. M. and E. HELPMAN, (1991), Innovation and growth in the Global Economy, Cambridge, MA: MIT Press.
  • LELAND, H. (1968), “Saving and Uncertainty: The Precautionary Demand for Saving,” Quarterly Journal of Economics, vol. 82, 465-473.
  • LUCAS, R. E. Jr. (1990), “Why Doesn’t Capital Flow from Rich to Poor Countries?” American Economic Review, vol. 80, 92-96.
  • (1988), “On the Mechanics of Economic Development,” Journal of
  • Monetary Economics, vol. 22, no. 1, 3-42.
  • MERTON, R. C. (1969), “Lifetime Portfolio Selection under Uncertainty: The Continuous Time Case,” Review of Economics and Statistics, vol. 51, 247-257.
  • PRATT, J. (1964), “Risk Aversion in the Small and in the Large,” Econometrica, vol. 32, 122-136.
  • RAMSEY, F. (1928), “A Mathematical Theory of Saving,” Economic Journal, vol. 38, 543-559.
  • REBELO, S. (1991), “Long-Run Policy Analysis and Long-Run Growth,” Journal of Political Economy, vol. 93, no. 3, 500-521.
  • ROMER, P. M. (1986), “Increasing Returns and Long-Run Growth,” Journal of Political Economy, vol. 94, no. 5, 1002-1037.
  • (1990), “Endogenous Technological Change,” Journal of Political
  • Economy, vol. 98, no. 5, pt. II, S71-SlOZ.
  • SAMUELSON, P. A. (1969), “Lifetime Portfolio Selection by Dynamic Stochastic Programming,” Review of Economics and Statistics, vol. 51, 239-246.
  • SANDMO, A. (1970), “The Effect of Uncertainty on Saving Decision,” Review of Economic Studies, vol. 37, 353-360.
  • SOLOW, R. M. (1956), “A Contribution to the Theory of Economic Growth,” Quarterly Journal of Economics, vol. 70, no. 1, 65-94.
  • TSSIDON, D. (1992), “A Moral Hazard to Growth,” International Economic Review, vol. 33, no. 2, 299-321.

Okullaşma, Risk Alma Eğilimi ve Büyüme

Year 2006, Volume: 13 Issue: 2, 63 - 76, 01.06.2006

Abstract

Bu makale tüketicilerin eğitim konusunda risk almasıyla ekonomik büyüme arasında olası bir bağlantının mekanizmasını vermeye çalışıyor. Okullaşma oranı ya da eğitim bir beşeri sermayayi oluşturan yatırımdır ve ekonomik ajanların risk alma konusundaki tutumlarına bağlıdır. Makalenin ana bulguları şunlardır: (i) risk almama oranı arttıkça büyüme oranı azalmaktadır; (ii) sabit bir risk alma oranı en az bir durağan denge yolu olduğu anlamına geliyor; (iii) azalan bir risk almama oranı bir jenerasyon içinde büyüme oranının bir üstten bir sınırı olacağını öngörür

References

  • AGHION, P. and P. HOWITT, (1992), “A Model of Growth through Creative Destruction,” Econometrica, vol. 60, no. 2, 323-351.
  • ARROW, K. J. (1970), Essays in the theory of Risk Bearing, Chicago: Markham.
  • (1962), “The Economic Implications of Learning by Doing,” Review of
  • Economic Studies, vol. 29, 155-173.
  • BARRO, R. J. (1991), “Economic Growth in a Cross Section of Countries,” Quarterly Journal of Economics, vol. 106, no. 2, 407-433.
  • and X. Sala—i-Martin, (1995), Economic Growth, McGraw-Hill, Inc.
  • BLANCHARD, 0. and S. FISHER, (1989), Lectures on Macroeconomics, Cambridge, MA: MIT Press.
  • Becker, G. S., K. M. Murphy, and R. Tamura, (1990), “Human Capital, Fertility, and Economic Growth,” Journal of Political Economy, vol. 98, no. 5, pt. II, S12—S37.
  • GROSSMAN, G. M. and E. HELPMAN, (1991), Innovation and growth in the Global Economy, Cambridge, MA: MIT Press.
  • LELAND, H. (1968), “Saving and Uncertainty: The Precautionary Demand for Saving,” Quarterly Journal of Economics, vol. 82, 465-473.
  • LUCAS, R. E. Jr. (1990), “Why Doesn’t Capital Flow from Rich to Poor Countries?” American Economic Review, vol. 80, 92-96.
  • (1988), “On the Mechanics of Economic Development,” Journal of
  • Monetary Economics, vol. 22, no. 1, 3-42.
  • MERTON, R. C. (1969), “Lifetime Portfolio Selection under Uncertainty: The Continuous Time Case,” Review of Economics and Statistics, vol. 51, 247-257.
  • PRATT, J. (1964), “Risk Aversion in the Small and in the Large,” Econometrica, vol. 32, 122-136.
  • RAMSEY, F. (1928), “A Mathematical Theory of Saving,” Economic Journal, vol. 38, 543-559.
  • REBELO, S. (1991), “Long-Run Policy Analysis and Long-Run Growth,” Journal of Political Economy, vol. 93, no. 3, 500-521.
  • ROMER, P. M. (1986), “Increasing Returns and Long-Run Growth,” Journal of Political Economy, vol. 94, no. 5, 1002-1037.
  • (1990), “Endogenous Technological Change,” Journal of Political
  • Economy, vol. 98, no. 5, pt. II, S71-SlOZ.
  • SAMUELSON, P. A. (1969), “Lifetime Portfolio Selection by Dynamic Stochastic Programming,” Review of Economics and Statistics, vol. 51, 239-246.
  • SANDMO, A. (1970), “The Effect of Uncertainty on Saving Decision,” Review of Economic Studies, vol. 37, 353-360.
  • SOLOW, R. M. (1956), “A Contribution to the Theory of Economic Growth,” Quarterly Journal of Economics, vol. 70, no. 1, 65-94.
  • TSSIDON, D. (1992), “A Moral Hazard to Growth,” International Economic Review, vol. 33, no. 2, 299-321.
There are 24 citations in total.

Details

Primary Language Turkish
Journal Section Articles
Authors

Jinyoung Hwang

Sacit Hadi Akdede This is me

Publication Date June 1, 2006
Published in Issue Year 2006 Volume: 13 Issue: 2

Cite

APA Hwang, J., & Akdede, S. H. (2006). Okullaşma, Risk Alma Eğilimi ve Büyüme. Journal of Management and Economics, 13(2), 63-76.