Endogenizing growth via a lag for apprenticing

We take up a growth model with both skilled and unskilled labor, and a steady migration of some unskilled workers, who undertake apprenticing, to the skilled group of workers. Apprenticing involves a period of observing and thus labor output foregone. The time-out for observing represents a cost to the economy and this results in the rate of balanced growth being endogenous. We examine the balanced growth path and report on the stability of our dynamic system.

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Year of publication:	2010
Authors:	Hartwick, John ; Long, Ngo Van
Publisher:	Kingston (Ontario) : Queen's University, Department of Economics
Subject:	endogenous growth \| balanced growth \| apprenticing \| skilled and unskilled labor

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Series:	Queen's Economics Department Working Paper ; 1234
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	630857865 [GVK] hdl:10419/67810 [Handle]
Classification:	O11 - Macroeconomic Analyses of Economic Development ; O15 - Human Resources; Income Distribution; Migration ; J00 - Labor and Demographic Economics. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10010290395