Global dynamics and imbalance effects in the Lucas-Uzawa model: further results
AbstractIn this paper we use a new analytical approach to the Lucas-Uzawa model (Boucekkine and Ruiz Tamarit, 2007) to extend the existing results on the dynamics, and notably on the imbalance effects arising in the model. The approach does not only allow to extend the traditional analysis to any initial conditions and for all variables in level, but it also permits a more general investigation of imbalance effects.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2007025.
Date of creation: 01 Mar 2007
Date of revision:
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Lucas-Uzawa; hypergeometric functions; imbalance effects; global dynamics;
Other versions of this item:
- Rauf, BOUCEKKINE & Blanca, MARTINEZ & Jose R., RUIZ-TAMARIT, 2007. "Global dynamics and imbalance effects in the Lucas Uzawa model : further results," Discussion Papers (ECON - DÃ©partement des Sciences Economiques) 2007018, Université catholique de Louvain, Département des Sciences Economiques.
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
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