Raouf, Boucekkine; Natali, Hritonenko; Yuri, Yatsenko - In: Mathematical Economics Letters 1 (2013) 1, pp. 3-7
We prove that the introduction of endogenous indivisible labor supply into the vintage capital growth model does not rule out the turnpike and optimal permanent regime properties, notably the non-monotonicity properties of optimal paths, inherent in this model.