Browsing Discussion papers of interdisciplinary research project 373 / Sonderforschungsbereich 373 by Author "Bethmann, Dirk"

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2002-08-01Buch

Notes on an Endogenous Growth Model with two Capital Stocks I

The Deterministic Case

Bethmann, Dirk

This paper extends the class of AK models with an explicit solution to the case where there are two capital goods in the model. this extension holds, even if an external effect in the use of human capital in goods production ...
2003-04-08Buch

Transitional Dynamics in the Uzawa-Lucas Model of Endogenous Growth

Bethmann, Dirk; Reiß, Markus

We introduce an easy way of analyzing the transitional dynamics of the Uzawa-Lucas endogenous growth model. We use the value function approach to solve both the social planner’s optimization problem and the representative ...