Article (Scientific journals)
Malthus and Solow - a note on closed-form solutions
Irmen, Andreas
2004In Economics Bulletin, 10 (6), p. 1-6
Peer reviewed
 

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Keywords :
Malthus; Bernoulli Differential Equation
Abstract :
[en] Recently, Jones (2002 and Barro and Sala-í-Martin (2004) pointed out that the neoclassical growth model with a Cobb-Douglas technology has a closed-form solution. This note makes a similar remark for the Malthusian model: I develop and characterize a closed-form solution. Moreover, I emphasize structural similarities between the Malthusian and the neoclassical model if the dynamic behavior is governed by a Bernoulli differential equation.
Disciplines :
Macroeconomics & monetary economics
Author, co-author :
Irmen, Andreas  ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Language :
English
Title :
Malthus and Solow - a note on closed-form solutions
Publication date :
2004
Journal title :
Economics Bulletin
Volume :
10
Issue :
6
Pages :
1-6
Peer reviewed :
Peer reviewed
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since 28 November 2013

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