On the stability of the solutions of an impulsive Solow model with endogenous population
I. Stamova () and
A. Stamov
Economic Change and Restructuring, 2013, vol. 46, issue 2, 203-217
Abstract:
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
Keywords: Solow growth model; Endogenous population; Impulses; Stability; C62; E2; J0 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:46:y:2013:i:2:p:203-217
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DOI: 10.1007/s10644-012-9124-5
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