Investment for patience in an endogenous growth model
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- Haruyama, Tetsugen & Park, Hyun, 2017. "A simple dynastic economy with parental time investment in children’s patience," Economic Modelling, Elsevier, vol. 61(C), pages 235-247.
More about this item
KeywordsOne-sector AK model; Endogenous time preference; Multiple balanced growth path equilibria; Subsidy policy;
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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