Endogenous Growth and Parental Funding of Education in an OLG Model with a Fixed Factor

This paper examines the stationary state income level and income growth in an overlapping generations (OLG) model in which production uses three inputs: physical capital, human capital and land. The accumulation of human capital relies on parental funding of education and the past aggregate human capital stock. Four cases exhibiting various possible specifications of returns to scale in output and human capital technologies are studied and compared.

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Year of publication:	2010
Authors:	Artige, Lionel
Institutions:	Centre de Recherche en Économie Publique et de la Population (CREPP), HEC École de Gestion

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Extent:	application/pdf
Series:	CREPP Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008605830