The Purpose of this study is to Analysis the stabilization and convergency of An optimum growth model in macro-economics.
The results of the study are as follows.
1. We have a steady state and unique one.
2. We have the saddle point in the stabiliz...
The Purpose of this study is to Analysis the stabilization and convergency of An optimum growth model in macro-economics.
The results of the study are as follows.
1. We have a steady state and unique one.
2. We have the saddle point in the stabilization of the steady state.
3. The convergency of the Model is dependent of the paremeters α, σ. of the utility function and the production function.