A Malthus-Swan-Solow model of economic growth

In this paper we introduce in the Solow-Swan growth model alabor supply based on Malthusian ideas. We show that this model may yieldseveral steady states and that an increase in total factor productivity mightdecrease the capital-labor ratio in a stable equilibrium.The author acknowledges financial support from grants ECO2014-57442-P, MDM 2014-0431 and S2015/HUM-3444 and the hospitality of INET, Department of Economics, Cambridge University