Equilibrium of Solow growth model with alternative trajectories of the number of workers
The aim of the study is to examine the long-run equilibrium of Solow growth model with a modified assumption for a rate of employment growth. In the first case, it is assumed that the number of workers changes in the trajectory defined by the logistic function. In the second case, it is assumed that...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Lodz University Press
2016-12-01
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| Series: | Acta Universitatis Lodziensis. Folia Oeconomica |
| Subjects: | |
| Online Access: | https://czasopisma.uni.lodz.pl/foe/article/view/812 |