Published June 15, 2009 | Version v1
Journal article

Neimark-Sacker bifurcation for the discrete-delay Kaldor model

  • 1. University of Padua, Department of Economics, 33 via Del Santo, Padua 35123 (Italy)
  • 2. West University of Timisoara, Department of Applied Mathematics, Bd. V. Parvan, Nr. 4, Timisoara 300223 (Romania)

Description

We consider a discrete-delay time, Kaldor nonlinear business cycle model in income and capital. Given an investment function, resembling the one discussed by Rodano, we use the linear approximation analysis to state the local stability property and local bifurcations, in the parameter space. Finally, we will give some numerical examples to justify the theoretical results.

Availability note (English)

Available from http://dx.doi.org/10.1016/j.chaos.2007.10.044

Additional details

Identifiers

DOI
10.1016/j.chaos.2007.10.044;
PII
S0960-0779(07)00920-4;

Publishing Information

Journal Title
Chaos, Solitons and Fractals
Journal Volume
40
Journal Issue
5
Journal Page Range
p. 2462-2468
ISSN
0960-0779

INIS

Country of Publication
United Kingdom
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
41014293
Subject category
S97: MATHEMATICAL METHODS AND COMPUTING;
Descriptors DEI
APPROXIMATIONS; BIFURCATION; BUSINESS; CAPITAL; INCOME; INVESTMENT; MATHEMATICAL MODELS; NONLINEAR PROBLEMS; TIME DELAY
Descriptors DEC
CALCULATION METHODS

Optional Information

Copyright
Copyright (c) 2007 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.