, Volume 46, Issue 2, pp 203-217
Date: 09 Mar 2012

On the stability of the solutions of an impulsive Solow model with endogenous population

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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.