Demographic shocks and human capital accumulation in the Uzawa-Lucas model

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Abstract

The Uzawa-Lucas growth model is modified to incorporate unskilled labour as a distinct factor from human capital. The modified model is then used to discuss the effects of demographic shocks on optimal growth and human capital investment. (C) 2002 Elsevier Science B.V. All rights reserved.
Original languageEnglish
Pages (from-to)151-156
JournalEconomic Letters
Volume74
DOIs
Publication statusPublished - 2002

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