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Article dans une revue Journal of Mathematical Economics Année : 2006

Existence of a competitive equilibrium in the Lucas (1988) model without physical capital

Résumé

This paper considers an endogenous growth model with human capital accumulation. It gives sufficient conditions and a necessary condition for the existence of a unique competitive equilibrium with externalities. These conditions are more stringent than those which prevail for the existence of an equilibrium defined as the solution to a fixed-point problem.
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Dates et versions

halshs-00101208, version 1 (26-09-2006)

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Hippolyte d'Albis, Cuong Le Van. Existence of a competitive equilibrium in the Lucas (1988) model without physical capital. Journal of Mathematical Economics, 2006, 42 (1), pp.46-55. ⟨10.1016/j.jmateco.2005.04.001⟩. ⟨halshs-00101208⟩
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