Global dynamics and imbalane effects in the Lucas-Uzawa model : further results

Boucekkine, Raouf;Martinez, Blanca;Ruiz-Tamarit, Jose
(2007)

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  • Boucekkine, Raouf
    Author
  • Martinez, Blanca
    Author
  • Ruiz-Tamarit, Jose
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Abstract
In this paper we use a new analytical approach to the Lucas-Uzawa model (Boucekkine and Ruiz Tamarit, 2007) to extend the existing results on the dynamics, and notably on the imbalance effects arising in the model. The approach does not only allow to extend the traditional analysis to any initial conditions and for all variables in level, but it also permits a more general investigation of imbalance effects.
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Boucekkine, R., Martinez, B., & Ruiz-Tamarit, J. (2007). Global dynamics and imbalane effects in the Lucas-Uzawa model : further results (ECON Working Papers 2007/18). https://hdl.handle.net/2078.5/130235