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Equilibrium dynamics in the neoclassical growth model with habit formation and elastic labor supply
(Scientific Research Publishing, 2012)
This note analyzes the equilibrium dynamics in the neoclassical growth model with habit-forming preferences and elastic labor supply. Habits enter into utility in a multiplicative way. The specification of the habit ...
Education and Economic Growth: an Empirical Analysis of Nonlinearities
(2019)
[Abstract] Purpose – Might a country’s economic growth performance differ depending on the evolution of its human
capital? This paper aims to consider education as a channel for human capital improvement and then for
economic ...