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
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Englisch
- Bibliographic citation
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Series: ISER Discussion Paper ; No. 722
- Classification
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Wirtschaft
One, Two, and Multisector Growth Models
Business Fluctuations; Cycles
- Subject
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local home environmental externality
human capital
indeterminacy
- Event
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Geistige Schöpfung
- (who)
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Kuwahara, Shiro
Yamada, Katsunori
- Event
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Veröffentlichung
- (who)
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Osaka University, Institute of Social and Economic Research (ISER)
- (where)
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Osaka
- (when)
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2008
- Handle
- Last update
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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