Journal of Economic Dynamics & Control. - : Elsevier
- ISSN 0165-1889
Roč. 26, č. 5 (2002), s. 837-850
Number of pages
14 s.
Language
eng - English
Country
NL - Netherlands
Keywords
adjustment costs ; capital mobility ; convergence ; human capital
Subject RIV
AH - Economics
R&D Projects
KSK9058117 GA AV ČR - Academy of Sciences of the Czech Republic (AV ČR)
CEZ
AV0Z7085904 - NHU-N
Annotation
This paper demonstrates that an open-economy neoclassical growth model with large adjustment costs for human capital and moderate adjustment costs for physical capital can provide a rationale for these observations.
Workplace
Economics Institute
Contact
Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
Year of Publishing
2003
Number of the records: 1
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