The optimal solution of the model with physical and human capital adjustment costs
β Scribed by Rao Lan-lan; Cai Dong-han
- Publisher
- Wuhan University
- Year
- 2004
- Tongue
- English
- Weight
- 230 KB
- Volume
- 9
- Category
- Article
- ISSN
- 1007-1202
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
This paper concerns the transitional dynamics of the one sector endogenous growth model with physical and human capital when gross investments are irreversible. It has been claimed that the transition path is on the stable saddle path of the system that describes the dynamics of the economy as long
When evaluating initiatives that make innovative uses of staff it is important to consider the long-term cost consequences of training an appropriately qualified workforce. In order to incorporate the costs of qualifying professionals we need both the costs themselves and an appropriate method of an