Nonlinear Dynamics in the Solow Model with Bounded Population Growth and Time-to-Build Technology

Figure 1

(a) Time evolution of size capital per worker (𝜏=2.3); (b) time evolution of population (𝜏=2.3); (c) time evolution of capital per worker (𝜏=3.3); and (d) time evolution of population (𝜏=3.3).

(a)

(b)

(c)

(d)