Social Accounting and Welfare Measurement in a Growth Model with Human Capital

1996 ◽  
Vol 98 (2) ◽  
pp. 185 ◽  
Author(s):  
Thomas Aronsson ◽  
Karl-Gustaf Löfgren ◽  
Karl-Gustaf Lofgren
Keyword(s):  
Human Capital ◽  
Growth Model ◽  
Social Accounting ◽  
Welfare Measurement

ENDOGENOUS GROWTH MODEL WITH HUMAN CAPITAL ON THE CIRCLE

2020 ◽  
pp. 4-9
Author(s):  
А.В. Королев
Keyword(s):  
Human Capital ◽  
Spatial Structure ◽  
Endogenous Growth ◽  
Explicit Form ◽  
Growth Model ◽  
Main Attention ◽  
Endogenous Growth Model ◽  
Central Plan ◽  
Special Case

В статье рассматривается модель эндогенного роста с человеческим капи-талом на простой пространственной структуре (окружности). Особое вни-мание уделено специальному случаю - комбинации параметров, при кото-рой удаётся получить решение задачи центрального планировщика на окружности в явном виде, что другим авторам не удавалось. In this article the endogenous growth model with human capital on the simple spatial structure (the circle) is considered. We pay main attention to a special case of a combination of parameters for which we were able to solve the central plan-ner problem on the circle in an explicit form, which other authors did not suc-ceed to do.

scholarly journals A Discrete Heterogeneous-Group Economic Growth Model with Endogenous Leisure Time

2009 ◽  
Vol 2009 ◽  
pp. 1-17
Author(s):  
Wei-Bin Zhang
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Income Distribution ◽  
Growth Model ◽  
Time Allocation ◽  
Capital Accumulation ◽  
Economic Growth Model ◽  
National Economic ◽  
The Rich ◽  
Main Engine

This paper proposes a one-sector multigroup growth model with endogenous labor supply in discrete time. Proposing an alternative approach to behavior of households, we examine the dynamics of wealth and income distribution in a competitive economy with capital accumulation as the main engine of economic growth. We show how human capital levels, preferences, and labor force of heterogeneous households determine the national economic growth, wealth, and income distribution and time allocation of the groups. By simulation we demonstrate, for instance, that in the three-group economy when the rich group's human capital is improved, all the groups will economically benefit, and the leisure times of all the groups are reduced but when any other group's human capital is improved, the group will economically benefit, the other two groups economically lose, and the leisure times of all the groups are increased.

scholarly journals Education, Income, Wealth Inequality and Business Cycles in a General Equilibrium Growth Model

2020 ◽  
Vol 26 (4) ◽  
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Business Cycles ◽  
General Equilibrium ◽  
Growth Model ◽  
Open Economy ◽  
Wealth Inequality ◽  
Learning By Doing ◽  
Government Subsidy ◽  
Wealth Inequalities

The paper is concerned with the dynamic interactions between physical capital, human capital, income and wealth inequalities between different households with government subsidy to education. It generalizes the endogenous growth model of a small-open economy proposed by Zhang (2016). Zhang’s paper deals with income and wealth inequalities between heterogeneous households with government subsidy to education. The paper makes a contribution to the literature of economic growth with endogenous education by integrating Solow-Uzawa’s neoclassical growth theory, Uzawa-Lucas model, Arrow’s learning by doing, Zhang’s creative leisure, and Walrasian general equilibrium theory. The model treats endogenous capital and human capital accumulation as the main engines of economic growth. This study generalizes Zhang’s model by allowing constant coefficients to be time-dependent. We simulate the generalized model to demonstrate existence of business cycles due to various exogenous periodic shocks.

scholarly journals Network effects in a human capital based economic growth model

2009 ◽  
Vol 388 (11) ◽  
pp. 2207-2214 ◽  
Author(s):  
Teresa Vaz Martins ◽  
Tanya Araújo ◽  
Maria Augusta Santos ◽  
Miguel St Aubyn
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Growth Model ◽  
Network Effects ◽  
Economic Growth Model

scholarly journals Specific and General Human Capital in an Endogenous Growth Model

2015 ◽  
Vol 53 (3) ◽  
pp. 167-204 ◽  
Author(s):  
Vahagn Jerbashian ◽  
Sergey Slobodyan ◽  
Evangelia Vourvachaki
Keyword(s):  
Human Capital ◽  
Endogenous Growth ◽  
Growth Model ◽  
Endogenous Growth Model ◽  
General Human Capital

Endogenous fertility and human capital in a Schumpeterian growth model

2012 ◽  
Vol 26 (1) ◽  
pp. 181-202 ◽  
Author(s):  
Angus C. Chu ◽  
Guido Cozzi ◽  
Chih-Hsing Liao
Keyword(s):  
Human Capital ◽  
Growth Model ◽  
Endogenous Fertility ◽  
Schumpeterian Growth

scholarly journals The role of unions in an endogenous growth model with human capital

2002 ◽  
Vol 24 (2) ◽  
pp. 171-192 ◽  
Author(s):  
José Marı́a Ramos Parreño ◽  
Fernando Sánchez-Losada
Keyword(s):  
Human Capital ◽  
Endogenous Growth ◽  
Growth Model ◽  
Endogenous Growth Model
Sign in / Sign up

Export Citation Format

Share Document