Borges, Maria João; Fabião, Fátima; Teixeira, João - In: Eurasian economic perspectives : proceedings of the …, (pp. 375-383). 2020
, n(t), is a solution of a delay differential equation. This approach is motivated by the fact that there are delays in … labor force growth rate is a solution of a delay differential equation. We show that a cyclic behavior of n(t) can be … present a phase difference. Note that, this lag can readily be generated in a regular ordinary differential equation model …