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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| 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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