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processes. Revisiting the models that constitute the core of growth theory, we expose analytically the main mechanisms through … ; research & development ; human capital accumulation ; inada conditions. …
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The paper studies the determinants of income distribution and growth in an overlapping generations economy with heterogeneous households. Our framework has the following main features: (1) heterogeneity of consumers with respect to wealth and parental human capital; (2) intergenerational...
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