Education, Endogenous Human Capital, and Monetary Economic Growth with MIU Approach

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Zhang, Wei-Bin;
  • Publisher: Charles University
  • Journal: Czech Economic Review, volume 7, issue 2 July, pages 100-118
  • Subject: HG Finance | HB Economic Theory | Economic growth, MIU approach, inflation policy, physical capital, education and human capital, learning through consuming | HF Commerce
    • jel: jel:I25 | jel:O41 | jel:E50

This study builds a monetary growth model with inflation policy and education. The model is a synthesis of the Uzawa-Lucas two-sector growth model and traditional monetary model with the money-in-utility (MIU) approach. We show how money, physical capital and human capi... View more
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