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We analyze a network‐based macroeconomic framework with the objective to analyze the effects that endogenous migration choices may have on the mutual relation between population dynamics and capital accumulation. In our economy population size determines the labor input which, together with the available capital stock, shapes total output. Production takes place with a convex‐concave technology allowing...
We analyze the implications of geographical heterogeneities and externalities on health and macroeconomic outcomes by extending a basic epidemiological‐macroeconomic model to a spatial dimension. Because of people's migration and commuting across different regions, a disease may spread also in areas far from those in which the outbreak originally occurs and thus the health status (i.e., disease prevalence)...
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