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On convergence in endogenous growth models

dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorOrtigueira, Salvador
dc.contributor.authorSantos, Manuel S.
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned2008-09-24T09:12:02Z
dc.date.available2008-09-24T09:12:02Z
dc.date.issued1994-12
dc.description.abstractIn this paper we analyze the rate of convergence to a balanced path in a class of endogenous growth models with physical and human capital. We show that such rate depends locally on the technological parameters of the model. but does not depend on those parameters related to preferences. These results stand in sharp contrast with those of the one-sector neoclassical growth model where both preferences and technologies determine the speed of convergence toward a steady state.
dc.format.mimetypeapplication/pdf
dc.identifier.issn2340-5031
dc.identifier.urihttps://hdl.handle.net/10016/2980
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working Papers. Economics
dc.relation.ispartofseries1994-54-26
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEconomía
dc.subject.otherNeoclassical Growth Model
dc.subject.otherEndogenous Growth Models
dc.subject.otherStability
dc.subject.otherSpeed of Convergence
dc.titleOn convergence in endogenous growth models
dc.typeworking paper*
dspace.entity.typePublication
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