RT Generic
T1 A two-sector model of endogenous growth with leisure
A1 Ortigueira, Salvador
A1 Santos, Manuel S.
A1 Ladrón de Guevara Martínez, Antonio
A2 Universidad Carlos III de Madrid. Departamento de Economía, 
AB 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.
SN 2340-5031
YR 1995
FD 1995-08
LK https://hdl.handle.net/10016/4160
UL https://hdl.handle.net/10016/4160
LA eng
DS e-Archivo
RD 7 may. 2024