Global dynamics and imbalance effects in the Lucas-Uzawa model: further results

In this paper we use a new analytical approach to the Lucas-Uzawa model (Boucekkine and Ruiz Tamarit, 2007) to extend the existing results on the dynamics, and notably on the imbalance effects arising in the model. The approach does not only allow to extend the traditional analysis to any initial conditions and for all variables in level, but it also permits a more general investigation of imbalance effects.

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Year of publication:	2007-03-01
Authors:	BOUCEKKINE, Raouf ; MARTINEZ, Blanca ; RUIZ-TAMARIT, Jose R.
Institutions:	Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
Subject:	Lucas-Uzawa \| hypergeometric functions \| imbalance effects \| global dynamics

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Extent:	application/pdf
Series:	CORE Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series UNIVERSITE CATHOLIQUE DE LOUVAIN, Center for Operations Research and Econometrics (CORE) Number 2007025
Classification:	E20 - Consumption, Saving, Production, Employment, and Investment. General ; O40 - Economic Growth and Aggregate Productivity. General ; C60 - Mathematical Methods and Programming. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005065456