Dynamic Properties of the Solow Model with Increasing or Decreasing Population and Time-to-Build Technology

Figure 2

(a) Graph of 𝑆₀ for 𝛼=0.28 and 𝛼=𝛼_tr: no stability switch occurs; (b) graph of stability switch in terms of time delay if 𝛼=0.23.

(a)

(b)