On the stability of the solutions of an impulsive Solow model with endogenous population
In this paper we extend the Solow model to take account for: (1) the existence of a delay in the process of recruitment in the labor force, due to the age structure of the population (2) the existence of impulsive effects on the capital-labor ratio when external factors influence it. We investigate conditions under which the extended model is capable of generating stable growth process. Copyright Springer Science+Business Media New York 2013
Year of publication: |
2013
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Authors: | Stamova, I. ; Stamov, A. |
Published in: |
Economic Change and Restructuring. - Springer, ISSN 1573-9414. - Vol. 46.2013, 2, p. 203-217
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Publisher: |
Springer |
Subject: | Solow growth model | Endogenous population | Impulses | Stability |
Saved in:
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