Publication:
A two-sector model of endogenous growth with leisure

Thumbnail Image
Identifiers
URI: http://hdl.handle.net/10016/4160
ISSN: 2340-5031
Files
we9252717.pdf (1.32 MB)
Publication date
1995-08
Defense date
Authors
Advisors
Tutors
Journal Title
Journal ISSN
Volume Title
Publisher
Impact
Google Scholar
Export
Research Projects
Organizational Units
Journal Issue
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.
Description
Keywords
Bibliographic citation
Collections
DE - Working Papers. Economics. WE
Economists Online