• Media type: E-Book; Report
  • Title: Local home environment externality is a source of indeterminacy
  • Contributor: Kuwahara, Shiro [Author]; Yamada, Katsunori [Author]
  • imprint: Osaka: Osaka University, Institute of Social and Economic Research (ISER), 2008
  • Language: English
  • Keywords: local home environmental externality ; O41 ; human capital ; E32 ; indeterminacy
  • Origination:
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  • Description: We address the local home environment externality conceptualized by Galor and Tsiddon (1997a; 1997b) in the two sector growth model of Lucas (1988). We show that this version of externality related to human capital accumulation process can be a source of indeterminacy.
  • Access State: Open Access