Dynamics of a simple mathematical model for unemployment with time delay
A three-dimensional mathematical model is analyzed in order to study the labour market, with an emphasis on unemployment, employment and the number of open positions. The rate of change of new positions created by the public and private sectors depends on the historical levels of unemployment, takin...
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| Format: | Article |
| Language: | English |
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Sciendo
2022-12-01
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| Series: | Annals of the West University of Timisoara: Mathematics and Computer Science |
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| Online Access: | https://doi.org/10.2478/awutm-2022-0019 |