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The Solow-Swan Model With A Non-constant Population Growth Rate

Posted on:2013-03-13Degree:MasterType:Thesis
Country:ChinaCandidate:H J ChenFull Text:PDF
GTID:2249330377954497Subject:Mathematical finance
Abstract/Summary:PDF Full Text Request
This paper is devoted to the study of the Solow-Swan growth model with a variable population growth rate, which is supposed to be bounded. The model is classified as a differential equation as the population growth rate is a negative and non-constant number, which represents that the nation has the phenomenon of population aging. Specifically, under certain circumstances, the modified Solow-Swan model could be used to explain the relationship between population aging and wealth gathering.
Keywords/Search Tags:Solow-Swan model, Differential equation, Population aging, Labor growth rate, National economy
PDF Full Text Request
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