Numerical exploration of Kaldorian macrodynamics: Hopf-Neimark bifurcations and business cycles with fixed exchange rates

DOI10.1155/2007/98059zbMath1179.91153OpenAlexW2073931107MaRDI QIDQ2478376

Toichiro Asada, Panagiotis Markellos, Christos N. Douskos

Publication date: 28 March 2008

Published in: Discrete Dynamics in Nature and Society (Search for Journal in Brave)

Full work available at URL: https://eudml.org/doc/116983

Mathematics Subject Classification ID

Economic growth models (91B62) Additive difference equations (39A10) Bifurcations of limit cycles and periodic orbits in dynamical systems (37G15) Dynamical systems in optimization and economics (37N40)

Related Items

Analytical expressions of periodic disequilibrium fluctuations generated by Hopf bifurcations in economic dynamics, Numerical exploration of Kaldorian interregional macrodynamics: enhanced stability and predominance of period doubling under flexible exchange rates, Numerical exploration of Kaldorian macrodynamics: Enhanced stability and predominance of period doubling and chaos with flexible exchange rates, Complex dynamics associated with the appearance/disappearance of invariant closed curves, Complex dynamics of a Kaldor model of business cycle with discrete-time

Cites Work

• Chaos, complex transients and noise: illustration with a Kaldor model.
• Kaldorian dynamics in an open economy
• Coexistence of Attractors and Homoclinic Loops in a Kaldor-Like Business Cycle Model
• The Existence and Persistence of Cycles in a Non-linear Model: Kaldor's 1940 Model Re-examined
• A nonlinear macrodynamic model with fixed exchange rates: Its dynamics and noise effects
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