Links between social capital, human capital, and product imitation are studied in an overlapping generations model of endogenous growth where the key benefit of social capital is to promote imitation. There is also a two-way interaction between imitation and human capital. Building social capital (which brings direct utility) requires time. Because life expectancy is endogenously related to human capital, time allocation between market work and social...
انظر المزيد
تفاصيل
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2013/9/01
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ورقة عمل خاصة ببحوث السياسات
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WPS6607
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1
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1
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2013/9/01
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Disclosed
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Social capital, product imitation and growth with learning externalities
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social capital