作者
Salvador Ortigueira
发表日期
2000/7
期刊
Economic Theory
卷号
16
页码范围
43-62
出版商
Springer-Verlag
简介
The main goal in this paper is to analyze an economic model of endogenous growth where human capital accumulation acts as the engine propelling economic activity. The added ingredient in our model is that agents derive utility from consumption and leisure, where leisure is defined as the amount of time devoted to those activities augmented by the level of education. Under regular conditions we show that there is a unique globally stable balanced growth path. We also provide a characterization of the behavior of our economic variables along the transition.
引用总数
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202422558182842352235113142