Multiple equilibria, fiscal policy, and human capital accumulation

DOI10.1016/S0165-1889(03)00063-0MaRDI QIDQ951499zbMATH OpenFDO

Authors Jaime Alonso-Carrera, María Jesús Freire-Serén

Publication date 24 October 2008

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

zbMATH Keywords

indeterminacyeconomic growthfiscal policyhuman capital investment

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Multisectoral models in economics (91B66)

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Cites work

• A general two-sector model of endogenous growth with human and physical capital: Balanced growth and transitional dynamics
• Analysis of a Two-Sector Model of Endogenous Growth with Capital Income Taxation
• Indeterminacy Under Constant Returns to Scale in Multisector Economies
• Indeterminacy and endogenous growth with social constant returns
• On intersectoral allocations, factors substitutability and multiple long-run growth paths
• Uniqueness and indeterminacy: On the dynamics of endogenous growth

Cited in

(14)

• Indeterminacy and fiscal policies in a growing economy
• Short-run analysis of fiscal policy in a two-sector endogenous growth model with human capital accumulation
• scientific article; zbMATH DE number 5666820 (Why is no real title available?)
• Political Rivalry Effects on Human Capital Accumulation and Inequality: A New Political Economy Approach
• Multiple equilibria and progressive taxation of labor income
• Indeterminacy, intergenerational redistribution, endogenous longevity and human capital accumulation
• HUMAN CAPITAL ACCUMULATION AND THE TRANSITION FROM SPECIALIZATION TO MULTITASKING
• Human capital, innovation, and growth
• Economic policy in a growth model with human capital, heterogeneous agents and unemployment
• Existence of a competitive equilibrium in the Lucas (1988) model without physical capital
• Optimal policy in an economy with human capital where money is essential
• Fiscal multipliers: A heterogenous‐agent perspective
• Multiple steady states and indeterminacy in the Uzawa-Lucas model with educational externalities
• Fiscal policy and indeterminacy in models of endogenous growth.

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