Periodicity in a delayed version of the kaldor trade cycle model
| Contribuinte(s) |
Universidade Estadual Paulista (UNESP) |
|---|---|
| Data(s) |
27/05/2014
27/05/2014
14/06/2013
|
| Resumo |
We are concerned with the Kaldor's trade cycle model under the effect of a delay which represents a gestation lag between a decision of investment and its effect on the capital stock. Taking the adjustment coefficient in the goods market as a bifurcation parameter, we achieve global branches of periodic solutions. In our setting the delay is a constant inherent to the specific economy. Copyright © 2013 Watam Press. |
| Formato |
385-405 |
| Identificador |
http://online.watsci.org/abstract_pdf/2013v20/v20n3a-pdf/8.pdf Dynamics of Continuous, Discrete and Impulsive Systems Series A: Mathematical Analysis, v. 20, n. 3, p. 385-405, 2013. 1201-3390 http://hdl.handle.net/11449/75657 2-s2.0-84878793419 |
| Idioma(s) |
eng |
| Relação |
Dynamics of Continuous, Discrete and Impulsive Systems Series A: Mathematical Analysis |
| Direitos |
closedAccess |
| Palavras-Chave | #Bifurcation #Delay equations #Global branch #Kaldor trade model #Periodic orbits |
| Tipo |
info:eu-repo/semantics/article |
