Arbeitspapier

Local home environment externality is a source of indeterminacy

We address the local home environment externality conceptualized by Galor and Tsiddon (1997a; 1997b) in the two sector growth model of Lucas (1988). We show that this version of externality related to human capital accumulation process can be a source of indeterminacy.

Language
Englisch

Bibliographic citation
Series: ISER Discussion Paper ; No. 722

Classification
Wirtschaft
One, Two, and Multisector Growth Models
Business Fluctuations; Cycles
Subject
local home environmental externality
human capital
indeterminacy

Event
Geistige Schöpfung
(who)
Kuwahara, Shiro
Yamada, Katsunori
Event
Veröffentlichung
(who)
Osaka University, Institute of Social and Economic Research (ISER)
(where)
Osaka
(when)
2008

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Kuwahara, Shiro
  • Yamada, Katsunori
  • Osaka University, Institute of Social and Economic Research (ISER)

Time of origin

  • 2008

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