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A dynamic analysis of an endogenous growth model with leisure

โœ Scribed by Salvador Ortigueira


Publisher
Springer
Year
2000
Tongue
English
Weight
156 KB
Volume
16
Category
Article
ISSN
0938-2259

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This paper studies the steady state and dynamics of the standard matching model, allowing for endogenous capital accumulation and endogenous growth. The existence and uniqueness of a balanced growth path is shown, along which the relationship between unemployment and growth may not be considered cle