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We study the dynamics of a one-dimensional piecewise smooth map defined by constant and logistic functions. This map has qualitatively the same dynamics as the one defined by constant and unimodal functions, coming from an economic application. Namely, it contributes to the investigation of a...
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In this paper we analyze the dynamics shown by the neoclassical one-sector growth model with differential savings as in Bohm and Kaas (2000) while assuming CES production function and the labour force dynamic described by the Beverton Holt equation (see Beverton and Holt, 1957). The resulting...
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In this paper we study a discrete-time growth model of the Solow type with nonconcave production function where shareholders save more than workers and the population growth dynamics is described by the logistic equation. We prove that the resulting system has a compact global attractor and we...
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