Construct · 1 fields · 1 citations

Uzawa-Lucas model: a standalone construct

One name. One construct. A landmark on the map.

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Uzawa-Lucasmodel1 CONSTRUCTUzawa-Lucas modelLUCAS · MACROECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

endogenous growth model in which time spent building human capital, with external effects, sustains long-run growth.

In macroeconomics, Uzawa-Lucas model refers to endogenous growth model in which time spent building human capital, with external effects, sustains long-run growth. This meaning comes from Lucas (1988) in Journal of Monetary Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructsendogenous growth1 fields · 1 citationsanchor · a standalone constructgrowth4 fields · 4 citationsjingle · one word, four constructs

References

  1. Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42. https://doi.org/10.1016/0304-3932(88)90168-7

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