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

Wei‐Bin Zhang

Czech Economic Review2013article
ABDC C
Weight
0.37

What the paper says

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 capital interact over time under exogenous inflation policy in a free market economy. The dynamics of the economy is described by three differential equations. We show that the monetary economic system has a saddle equilibrium point. We simulate motion of the economic system and carry out comparative statics analysis with regards to the monetary policy, propensities to save wealth and to receive education.\n

3 citations

Cite this paper

@article{wei‐bin2013,
  title        = {{Education, Endogenous Human Capital, and Monetary Economic Growth with MIU Approach}},
  author       = {Wei‐Bin Zhang},
  journal      = {Czech Economic Review},
  year         = {2013},
}

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

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.28 × 0.4 = 0.11
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.