Deterministic and stochastic dynamic firm model with wealth and human capital accumulation. Numerical simulations

摘要

This paper analyzes a deterministic and stochastic dynamic firm model with wealth and human capital accumulation. The deterministic model is described and using the numerical simulations we can notice that the stationary state is asymptotically stable. The stochastic model is built and the mean values of the linearized variables are proven to be asymptotically stabile.