A closed-form solution of the Uzawa-Lucas model of endogenous growth

DOI10.1007/s00712-006-0210-xzbMath1173.91420OpenAlexW1983316657MaRDI QIDQ877777

Dirk Bethmann

Publication date: 3 May 2007

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00712-006-0210-x

zbMATH Keywords

closed-form solutionvalue functionUzawa-Lucas endogenous growth model

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (9)

On the economic growth and environmental trade-off: a multi-objective analysis ⋮ On a two-sector endogenous growth model with quasi-geometric discounting ⋮ Multiple steady states and indeterminacy in the Uzawa-Lucas model with educational externalities ⋮ Public spending in a model of endogenous growth with habit formation ⋮ Simplifying numerical analyses of Hamilton-Jacobi-Bellman equations ⋮ Fractal attractors and singular invariant measures in two-sector growth models with random factor shares ⋮ Self-similar measures in multi-sector endogenous growth models ⋮ Stochastic technology shocks in an extended Uzawa-Lucas model: closed-form solution and long-run dynamics ⋮ Optimal taxation in the Uzawa-Lucas model with externality in human capital

Cites Work

• Uniqueness and indeterminacy: On the dynamics of endogenous growth
• Optimal fiscal policy in the Uzawa-Lucas model with externalities
• Asset Prices in an Exchange Economy
• Externalities and Dynamics in Models of "Learning or Doing"
• Optimum Technical Change in An Aggregative Model of Economic Growth

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