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We introduce human capital accumulation into a real-business-cycle setup. We calibrate the model to Bulgarian data for the period following the introduction of the currency board arrangement (1999–... Click to show full abstract
We introduce human capital accumulation into a real-business-cycle setup. We calibrate the model to Bulgarian data for the period following the introduction of the currency board arrangement (1999–...
Keywords:
capital accumulation;
human capital;
real business;
business cycle
Journal Title: Macroeconomics and Finance in Emerging Market Economies
Year Published: 2021
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Journal Title: Macroeconomics and Finance in Emerging Market Economies
Year Published: 2021
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!