Jørgensen, Ole Hagen (contributor) - 2008
each survival rate on savings, fertility and economic
growth. To our knowledge this has not been attempted before.
Capital … rates. To our knowledge, this extension
is unique.
Individuals face the following optimisation problem in (12) where … outweigh the single
negative e�ect.
A larger steady state capital stock generates knowledge spillovers and increases
labour …