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In an interesting and influential paper Robert Lucas (1993) considering the experience of East Asian small economies, suggests that on the job" learning could be the principal engine of their miraculous growth in the last 20 years. In this paper I develop an overlapping generation model where on...
Persistent link: https://www.econbiz.de/10001446964
In an interesting and influential paper Robert Lucas (1993) considering the experience of East Asian small economies, suggests that 'on the job' learning could be the principal engine of their miraculous growth in the last 20 years. In this paper I develop an overlapping generation model where...
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