@article{681804056a6c467fa47ea1e639d48622,
title = "Accumulation of Human Capital in LDCs in the Presence of Unemployment",
author = "Upadhyay, \{Mukti P.\}",
note = "Downloadable (with restrictions)! This paper takes up an aggregative growth framework to study how human and physical capital evolve over time as households allocate their investment between the two assets. In the context of unemployment of educated labor, it develops a general equilibrium model of an economy with two sectors: a composite good sector and a schooling sector where output is subject to increasing returns to scale.",
year = "1994",
month = aug,
day = "1",
doi = "10.2307/2554621",
language = "American English",
volume = "61",
journal = "Economica",
}