Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061907 | Economics Letters | 2008 | 6 Pages |
Abstract
This paper analyzes the Ak endogenous growth model with habit formation. We prove analytically that the convergence speed is higher when habits are formed in an external way than when they are formed in an internal way.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Manuel A. Gómez,