BUCCI, Alberto; COLAPINTO, Cinzia; FORSTER, Martin; … - Dipartimento di Economia, Management e Metodi … - 2008
We embed the Uzawa-Lucas human capital accumulation technology into the Mankiw-Romer-Weil exogenous growth model. The paper is divided into two parts. In the first part we assume that the rate of technological progress is exogenous and deterministic and study the local dynamics of the model...