PŘIBYLOVÁ, Lenka. The Solow-Swan model generalization with non-constant labor growth rate. Bulletin of the Czech Econometric Society. Praha: Czech Econometric Society, 2011, 18(2011), No 28, p. 20-32. ISSN 1212-074X.
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Basic information
Original name The Solow-Swan model generalization with non-constant labor growth rate
Name in Czech Zobecneny Solow-Swanuv model s nekonstantni mirou rustu pracovni sily
Authors PŘIBYLOVÁ, Lenka (203 Czech Republic, guarantor, belonging to the institution).
Edition Bulletin of the Czech Econometric Society, Praha, Czech Econometric Society, 2011, 1212-074X.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 10101 Pure mathematics
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/00216224:14310/11:00052386
Organization unit Faculty of Science
Keywords (in Czech) Solow model; populacni rust; stabilita; chaos
Keywords in English Solow model; population growth; stability; chaos
Tags AKR, rivok
Tags International impact, Reviewed
Changed by Changed by: Ing. Andrea Mikešková, učo 137293. Changed: 7/4/2012 16:12.
Abstract
Generalization of the neoclassical one-sector Solow-Swan model and its modication of Kaldor-Pasinetti type are introduced. The generalization is due to non-constant labor growth rate. Both continuous-time and discrete-time models are derived. Concrete examples with complex dynamics are presented for models with differential savings of the Kaldor-Pasinetti type and Beverton-Holt and logistic version of the labor dynamics. We found that instabilities and complex dynamics may be driven by the capital{labor ratio dynamics, labor dynamics or both together.
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