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http://hdl.handle.net/10016/4160
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| we9252717.pdf | -- 2009-05-07 -- Available on Internet -- preprint | 1,35 MB | Adobe PDF | |  |
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| Title: | A two-sector model of endogenous growth with leisure |
| Author(s): | Ladrón de Guevara, Antonio
Ortigueira, Salvador [salvador]
Santos, Manuel S. |
| Publisher: | Universidad Carlos III de Madrid. Departamento de Economía |
| Issued date: | Aug-1995 |
| URI: | http://hdl.handle.net/10016/4160 |
| Abstract: | In this paper we analyze a class of endogenous growth models with physical and human capital and with three altematives uses of time: unqualified leisure, work and education. In contrast to some other related models, we find that, even in the absence of technological extemalities, there could be multiple balanced paths. We provide a characterization of the qualitative behavior of consumption, leísure, work and education over those balanced paths, and study their transitional dynamics. |
| Serie / Nº.: | UC3M Working Paper. Economics;
1995-27-17 |
| Appears in Collections: | Economists Online
DE - Working Papers. Economics. WE
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