Project CEMAPRE internal
|Title||Solow growth model with time delays labor growth|
|Participants||Maria J Borges, Maria de Fátima Fabião Ribeiro (Principal Investigator), João P Teixeira|
|Summary||In [2017, Stability of the solutions of the Solow growth model with time dependent labor growth,|
WEHIA 2017] the labor growth rate, n(t), was considered a continuous and positively bounded
function. In particular, with n(t) periodic it was proved that a periodic solution of the Solow
equation exists, is unique and exponentially asymptotically stable.
The present project concerns with the introduction of a delay parameter in the labor growth rate,
and evaluates the behavior of the resulting solutions.