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

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

No 2007025, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

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.

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)
Date: 2007-03-01
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Citations: View citations in EconPapers (3)

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Working Paper: Global dynamics and imbalance effects in the Lucas Uzawa model: further results (2007)
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