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- W2057682872 abstract "One of the recent interesting hypotheses of population growth is due to Easterlin who suggests the possibility of self-generating fluctuations in birth numbers. The present paper tries to answer the question whether feedback mechanisms produce persistent oscillations in population growth. A system of two nonlinear differential equations for the per capita capital stock and the aspiration level is studied by a phase portrait analysis. Using the Poincare-Bendixson theorem we derive sufficient conditions for the existence of a stable limit cycle. (SUMMARY IN FRE)" @default.
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- W2057682872 title "Capital accumulation, aspiration adjustment, and population growth: Limit cycles in an Easterlin‐type model" @default.
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- W2057682872 doi "https://doi.org/10.1080/08898489009525296" @default.
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