Impulsive control on the asymptotic stability of the solutions of a Solow model with endogenous labor growth |
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| Authors: | I.M. Stamova A.G. Stamov |
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| Affiliation: | 1. Institute for Employment Research, Regensburger Straße 104, D-90478 Nuremberg, Germany;2. University of Regensburg, Universitätsstraße 31, D-93053 Regensburg, Germany;3. IOS, Landshuter Street 4, D-93047 Regensburg, Germany |
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| Abstract: | In this paper, the asymptotic behavior of a generalized Solow model with endogenous labor growth and impulsive perturbations at fixed moments of time is studied. By using the Lyapunov–Razumikhin method sufficient conditions for week uniform asymptotic stability of the solutions are obtained. We also show that the role of impulses in control the behavior of solutions of impulsive models is very important. |
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