In this note, we explore the implications of cultural preference for education in an innovation-driven growth model that features an interaction between endogenous human capital accumulation and technological progress. Parents invest in children's education partly due to the preference for their...

This study explores the implications of parental preference for education in an innovation-driven growth model that features an interaction between endogenous technological progress and human capital accumulation. Parents invest in children's education partly due to the preference for their...

This study explores the implications of parental preference for education in an innovation-driven growth model that features an interaction between endogenous technological progress and human capital accumulation. Parents invest in children's education partly due to the preference for their...

This study explores the growth and welfare effects of monetary policy in a scale-invariant Schumpeterian growth model with endogenous human capital accumulation. We model money demand via a cash-in-advance (CIA) constraint on R&D investment. Our results can be summarized as follows. We find that...

Considera la estimacion de variables en ecuaciones lineales de Euler, donde los regresores puedan ser no estacionarios, y propone un procedimiento multietapico que usa informacion obtenida del pretest del orden de integracion de datos de series, para mejorar el procedimiento de especificacion y...