Local bifurcations and global dynamics in a solow-type endogenous business cycles model
Neoclassical growth models are essentially characterized by the formation of a steady state where the main economic aggregates (capital, output, consumption and investment) do not grow, unless some external event takes place (e.g.,technological progress or population growth). Hence, the long term re...
| Main Author: | |
|---|---|
| Format: | article |
| Language: | eng |
| Published: |
2017
|
| Subjects: | |
| Online Access: | https://ciencia.iscte-iul.pt/id/ci-pub-22754 |
| Country: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/14088 |