QED Working Paper Number
1234

We take up a growth model with both skilled and unskilled labor, and a steady migration of some unskilled workers, who undertake apprenticing, to the skilled group of workers. Apprenticing involves a period of observing and thus labor output foregone. The time-out for observing represents a cost to the economy and this results in the rate of balanced growth being endogenous. We examine the balanced growth path and report on the stability of our dynamic system.

Author(s)
Ngo Van Long
JEL Codes
Keywords
balanced growth
apprenticing
endogenous growth
skilled and unskilled labor
Working Paper