Cover Image
QR Code

Education and Economic Growth.

This paper constructs a neoclassical life-cycle growth model which allows for investment not only in tangible capital but in education. We consider an economy in which individuals live for two periods, devoting a fraction of time to schooling in the first period while working full time in the second...

Full description

Published in:Review of Economic Studies Vol. 43; no. 3; pp. 509 - 519
Main Author: Hu, Sheng Cheng
Format: Article
Published: Oxford University Press / USA Oct76
Subjects:
Economic development
Education
Utility functions
Civilization
Economic equilibrium
Capital
Supply & demand
Consumption (Economics)
Online Access:View this record in EBSCOhost