Economic Change and Restructuring

, Volume 46, Issue 2, pp 203–217 | Cite as

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.

Keywords

Solow growth model Endogenous population Impulses Stability 

JEL Classification

C62 E2 J0 
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Copyright information

© Springer Science+Business Media New York 2012

Authors and Affiliations

  1. 1.Department of MathematicsThe University of Texas at San AntonioSan AntonioUSA
  2. 2.Faculty of Economics and BusinessUniversity of AmsterdamAmsterdamThe Netherlands

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