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Intergenerational Transfers, Economic Growth and Income Distribution

Itzhak Zilcha

Working Papers from Tel Aviv - the Sackler Institute of Economic Studies

Abstract: We consider an Overlapping-generations economy where the aggregative production process uses physical capital and human capital. The human capital level of each individual is determined by the direct investment in education and some random "ability".

Keywords: HUMAN RESOURCES; INVESTMENTS; EDUCATION; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: I28 O10 O15 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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