An Economic Growth Model with Optimal Growth Rate and Individual Years of Schooling

An economic growth model with individual years of schooling is present. It is proved that there exist optimal individual years of schooling for fixed wage growth rate. On the other hand, the economy has balance growth path for given individual years of schooling. Finally, we prove that there exist o...

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Bibliographic Details
Main Authors: Huan Yang, Donghan Cai, Zhongbin Chen
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2015/925753
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