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

Raouf Boucekkine (), Blanca Martinez () and José Ruiz-Tamarit

No 2007018, Discussion Papers (ECON - Département des Sciences Economiques) from Université catholique de Louvain, Département des Sciences Economiques

Abstract: In this paper we use a new analytical approach to the Lucas-Uzawa model (Boucekkine and Ruiz-Tamarit, 2007) to extend the existinc 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 for all variables in level, but it also permits a more general investigation of imbalance effects

Keywords: Lucas-Uzawa; hypergeometric functions; imbalance effects; global dynamics (search for similar items in EconPapers)
JEL-codes: C60 E20 O40 (search for similar items in EconPapers)
Pages: 18
Date: 2007-07-01
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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