Vintage human capital and learning curves

DOI10.1016/J.JEDC.2014.01.003MaRDI QIDQ1994397zbMATH OpenOpenAlexFDO

Authors Matthias Kredler

Publication date 1 November 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2014.01.003

zbMATH Keywords

infinite-dimensional state spaceLagrange-multiplier theoremlearning curvetenure-wage profilesvintage human capital

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

• Age-specific dynamic labor demand and human capital investment
• Anticipation effects of technological progress on capital accumulation: a vintage capital approach
• Capital accumulation under technological progress and learning: a vintage capital approach
• Differential-difference equations
• Endogenous vs exogenously driven fluctuations in vintage capital models
• Experience vs. obsolescence: a vintage-human-capital model
• Financial Markets and Wages
• Financially constrained capital investments: The effects of disembodied and embodied technological progress
• Investment in a vintage capital model
• Investment in vintage capital
• Learning by Doing and the Choice of Technology
• Optimality conditions for age-structured control systems.
• Pontryagin's principle for control problems in age-dependent population dynamics
• Replacement and the rental value of capital equipment subject to obsolescence
• Replacement echoes in the vintage capital growth model
• Scarcity, regulation and endogenous technical progress
• Stochastic differential equations. An introduction with applications.
• Technological Acceleration, Skill Transferability, and the Rise in Residual Inequality
• Technology adoption and accumulation in a vintage-capital model
• Technology adoption, learning-by-doing, and economic growth
• The optimal economic lifetime of vintage capital in the presence of operating costs, technological progress, and learning
• The optimal lifetime of capital equipment
• Turnpike and optimal trajectories in integral dynamic models with endogeneous delay
• Vintage capital, investment, and growth

Cited in

(4)

• Experience vs. obsolescence: a vintage-human-capital model
• A Theory of on-the-Job Learning
• Optimal control of investments in old and new capital under improving technology
• Capital accumulation under technological progress and learning: a vintage capital approach

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