Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Solow¡¯S Model With Endogenous Population: A Neoclassical Growth Cycle Model

Contents:

Author Info

  • Luciano Fanti

    (Dipartimento di Scienze Economiche and Dipartimento di Statistica e Matematica Applicata all Economia)

  • Piero Manfredi

    ()
    (Dipartimento di Scienze Economiche and Dipartimento di Statistica e Matematica Applicata all Economia)

Abstract

It is shown here that the Solow (1956) neo-classical growth paradigm not only explains the ¡°first¡± stylised fact of economic growth, namely the existence of a globally stable state of balanced growth, but, once endowed with a demographically founded formulation of the labour supply, is also capable to endogenously explain a second main stylised fact of growth, i.e., the generation of globally stable oscillations around the path of balanced growth.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.jed.or.kr/full-text/28-2/Fanti.PDF
Download Restriction: no

Bibliographic Info

Article provided by Chung-Ang Unviersity, Department of Economics in its journal Journal Of Economic Development.

Volume (Year): 28 (2003)
Issue (Month): 2 (December)
Pages: 103-115

as in new window
Handle: RePEc:jed:journl:v:28:y:2003:i:2:p:103-115

Contact details of provider:
Web page: http://www.jed.or.kr/
More information through EDIRC

Related research

Keywords: Solow¡¯s Balanced Growth Model; Endogenous Population; Neoclassical Growth-Cycle Model;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Robert Tamura, 2000. "Growth, fertility and human capital: A survey," Spanish Economic Review, Springer, vol. 2(3), pages 183-229.
  2. Becker, Gary S & Murphy, Kevin M & Tamura, Robert, 1990. "Human Capital, Fertility, and Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S12-37, October.
  3. Invernizzi, Sergio & Medio, Alfredo, 1991. "On lags and chaos in economic dynamic models," Journal of Mathematical Economics, Elsevier, vol. 20(6), pages 521-550.
  4. Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
  5. Bajo-Rubio, Oscar, 2000. "A further generalization of the Solow growth model: the role of the public sector," Economics Letters, Elsevier, vol. 68(1), pages 79-84, July.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. I. Stamova & A. Stamov, 2013. "On the stability of the solutions of an impulsive Solow model with endogenous population," Economic Change and Restructuring, Springer, vol. 46(2), pages 203-217, May.
  2. Akio Matsumoto & Ferenc Szidarovszky, 2013. "Asymptotic Behavior of a Delay Differential Neoclassical Growth Model ," Sustainability, MDPI, Open Access Journal, vol. 5(2), pages 440-455, January.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:jed:journl:v:28:y:2003:i:2:p:103-115. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Changhui Kang).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.