This paper considers two extensions of the Uzawa-Lucas framework. In our first extension, physical capital is included as an input of the educational sector. In our second extension …
C Chamley - International Economic Review, 1993 - JSTOR
This paper analyzes the dynamics of general equilibrium models with externalities in human capital accumulation which extends that of Uzawa-Lucas. Multiple balanced growth paths …
S Ortigueira - Journal of Monetary Economics, 1998 - Elsevier
In this paper we present an endogenous growth model with physical and human capital accumulation and study the effects of labor and capital income taxation on the transitional …
In this paper we analyze the speed of convergence to a balanced path in a class of endogenous growth models with physical and human capital. We show that such rate …
A Bucci - Journal of Macroeconomics, 2008 - Elsevier
This paper reconsiders the effects of population growth on per-capita income growth within a Romerian (1990)-type endogenous growth model with human capital accumulation. One …
This paper analyzes the relationship between human capital and economic growth. To that aim, we propose an augmented neoclassical growth model, where the process of human …
PM Romer - Journal of political Economy, 1990 - journals.uchicago.edu
Growth in this model is driven by technological change that arises from intentional investment decisions made by profit-maximizing agents. The distinguishing feature of the …
K Mino - International Economic Review, 1996 - JSTOR
This paper addresses a two-sector model of endogenous growth in which one sector produces final goods and the other produces new human capital. Both sectors employ …
We examine a two-sector endogenous growth model with general constant-return-to-scale production technologies governing the evolution of human and physical capital. We prove …