Neimark–Sacker bifurcation for the discrete-delay Kaldor model

Autor: Dumitru Opris, Loretti Dobrescu
Rok vydání: 2009
Předmět:
Zdroj: Chaos, Solitons & Fractals. 40:2462-2468
ISSN: 0960-0779
Popis: 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.
Databáze: OpenAIRE