Acta mathematica scientia,Series B ›› 1999, Vol. 19 ›› Issue (2): 220-225.
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CA Dong-Han
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Abstract:
In this paer. incorporating the fertility in the utility function and the production function, an improved Ramsey-Cass-Koopmans(RCK) model with engenous fertility is obtained. In this model ,the fertility can be expressed as a function of per capita and per capital consumption.It has been proved that at least one equilibruim point exists and the equilibrium point is unique under a condition. The author discusses the possibility of existing multiple equilibria.their geometrical relationship and explains the economical sense of the main results.
Key words: RCK Model, endogenouse fertility, dynamical system, equilbrium
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CA Dong-Han. Some results about RCK model with endogenouse fertility[J].Acta mathematica scientia,Series B, 1999, 19(2): 220-225.
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