The paper studies the determinants of income distribution and growth in an overlapping generations economy … all young individuals of the same generation.Due to investments in human capital our economy exhibits endogenous growth … date along theequilibrium path. Second, we study the impact of such technogical progress on growth and relate these results …

The paper studies the determinants of income distribution and growth in an overlapping generations economy with … exhibits endogenous growth. First, we explore the effects of technological change in human capital formation, upon the … distribution of income at each date along the equilibrium path. Second, we study the impact of such technogical progress on growth …

The paper studies the determinants of income distribution and growth in an overlapping generations economy with …

-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a …

In the paper we propose a new channel through which education may promote economic growth: education makes people more …, we build a simple two-period human-capital-driven growth model where the subjective discount rate depends on the level of …

Endogenous time discounting is introduced in a two-period human-capital-driven growth model: subjective discount rate …