Multiple regimes in human capital accumulation

Aims to provide an analytical framework investigating the accumulation of h uman capital in an OLG framework characterized by a continuous interplay be tween human capital distribution and individual choice of accumulation. Thi s leads to a wide variety of dynamics. Generally, move equal economies tend to accumulate a higher human capital but other cases are possible. The acc umulation is characterized by bimodality or multimodality in the human capi tal distribution and by an endogenous poverty trap.