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Public expenditure on health and private old age insurance in an OLG growth model with endogenous fertility: chaotic cycles under perfect foresight

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Academic year: 2020

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Figure

Figure 1. The evolution of the phase map Eq. (10) and the steady stases when d  raises (τ=.012)
Figure 2. The evolution of the phase map Eq. (10) and the steady states when τ  raises (d=.028)
Figure 3. Bifurcation diagram for d  (τ=.012). An enlarged view for .016< d<4.0 and

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