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Nonlinear Dynamics in the Solow Model with Bounded Population Growth and Time-to-Build Technology
Joint Authors
Source
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-6, 6 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-11-17
Country of Publication
Egypt
No. of Pages
6
Main Subjects
Abstract EN
The aim of this paper is to show that the Solow model equipped by realistic assumptions on technology and population dynamics is capable of explaining a well-known stylised fact of growth, that is, the presence of persistent oscillations of demoeconomic variables.
In particular, our analysis shows that the coexistence of delays between (i) new investment and production and (ii) the birth date and the recruitment in the labour force is a source of cyclical behaviour in capital accumulation.
American Psychological Association (APA)
Guerrini, Luca& Sodini, Mauro. 2013. Nonlinear Dynamics in the Solow Model with Bounded Population Growth and Time-to-Build Technology. Abstract and Applied Analysis،Vol. 2013, no. 2013, pp.1-6.
https://search.emarefa.net/detail/BIM-502030
Modern Language Association (MLA)
Guerrini, Luca& Sodini, Mauro. Nonlinear Dynamics in the Solow Model with Bounded Population Growth and Time-to-Build Technology. Abstract and Applied Analysis No. 2013 (2013), pp.1-6.
https://search.emarefa.net/detail/BIM-502030
American Medical Association (AMA)
Guerrini, Luca& Sodini, Mauro. Nonlinear Dynamics in the Solow Model with Bounded Population Growth and Time-to-Build Technology. Abstract and Applied Analysis. 2013. Vol. 2013, no. 2013, pp.1-6.
https://search.emarefa.net/detail/BIM-502030
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-502030