頁籤選單縮合
題名 | A Note on the Inclusion of Human Capital in the Lucas Model= |
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作者 | Chakraborty, Bidisha; Gupta, Manash Ranjan; |
期刊 | International Journal of Business and Economics |
出版日期 | 20061200 |
卷期 | 5:3 民95.12 |
頁次 | 頁211-224 |
分類號 | 542.71 |
語文 | eng |
關鍵詞 | Human capital; Endogenous growth; Multiple steady-state equilibria; Saddle path; |
英文摘要 | We include human capital in the utility function in an otherwise standard Lucas (1988) model of endogenous growth and show that there may be multiple steady-state equilibria. We also analyze the transitional dynamic properties of this model. |
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