Construct · 1 fields · 1 citations

Becker-Murphy-Tamura model: a standalone construct

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Economic history

model with multiple steady states in which low human capital pairs with high fertility, and high human capital with low fertility and sustained growth.

In economic history, Becker-Murphy-Tamura model refers to model with multiple steady states in which low human capital pairs with high fertility, and high human capital with low fertility and sustained growth. This meaning comes from Becker (1990) in Human Capital, Fertility, and Economic Growth.[1]

Unit
Recovery means
Measured by

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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructs fertility4 fields · 7 citationsjingle · one word, four constructs growth4 fields · 4 citationsjingle · one word, four constructs

References

Becker, G., Murphy, K., & Tamura, R. (1990). Human Capital, Fertility, and Economic Growth. National Bureau of Economic Research. https://doi.org/10.3386/w3414

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