On the transition from local regular to global irregular fluctuations

DOI10.1016/S0165-1889(98)00071-2zbMath0996.37080OpenAlexW3121783637WikidataQ126297142 ScholiaQ126297142MaRDI QIDQ1605706

Duncan Sands, Robin de Vilder, Patrick A. Pintus

Publication date: 23 July 2002

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(98)00071-2

zbMATH Keywords

chaotic behaviourinfinite horizon modelhomoclinic bifurcationsdynamic economic modelscapital-labour substitutionirregular fluctuationsnonlinear dynamical models in discrete timeperiodic saddle pointsstable and the unstable manifoldsunfolding of quadratic tangencies

Mathematics Subject Classification ID

Economic growth models (91B62) Dynamical systems in optimization and economics (37N40)

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