A discrete economic growth model with endogenous labor

This paper proposes an alternative approach to economic growth with endogenous labor supply. The production side is the same as the Solow model, the Ramsey model, and the Diamond model. But we deal with the behavior of consumers differently from the traditional approaches by proposing a concept of d...

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Bibliographic Details
Main Author: Wei-Bin Zhang
Format: Article
Language:English
Published: Wiley 2005-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/DDNS.2005.101
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