| Autor: |
Arnold, Maxim, Begun, Nikita, Gurevich, Pavel, Kwame, Eyram, Lamba, Harbir, Rachinskii, Dmitrii |
| Rok vydání: |
2016 |
| Předmět: |
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| Druh dokumentu: |
Working Paper |
| Popis: |
We consider a piecewise linear two-dimensional dynamical system that couples a linear equation with the so-called stop operator. Global dynamics and bifurcations of this system are studied depending on two parameters. The system is motivated by modifications to general-equilibrium macroeconomic models that attempt to capture the frictions and memory-dependence of realistic economic agents. |
| Databáze: |
arXiv |
| Externí odkaz: |
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