Year: 1997
Author: Arnold, Lutz
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 117 (1997), Iss. 2 : pp. 197–207
Abstract
The Uzawa-Lucas model studies human-capital accumulation as an engine of growth. While the focus is mostly on the steady state, available stability proofs are difficult. The present paper offers a simple proof of the global stability of the steady state.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.117.2.197
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 117 (1997), Iss. 2 : pp. 197–207
Published online: 1997-02
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 11