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. |