Azariadis, Costas; Chen, Been-Lon; Lu, Chia-Hui; Wang, … - Federal Reserve Bank of St. Louis - 2012
This paper considers the impact of leisure preference and leisure externalities on growth and labor supply in a Lucas [12] type model, as in Gómez [7], with a separable non-homothetic utility and the assumption that physical and human capital are both necessary inputs in both the goods and the...