Co-existence of a limit cycle and an equilibrium in Kaldor's business cycle model and its consequences
作者： Johan Grasman , Jolanda J. Wentzel
DOI: 10.1016/0167-2681(94)90043-4
关键词: Mathematical economics 、 Limit cycle 、 Business cycle 、 Economics 、 Stable equilibrium 、 Noise
摘要: … the Kaldor-model for macroeconomic business cycles. It is shown that for certain parameter values there is co-existence of a stable equilibrium and a stable limit cycle. In the analysis of …
core.ac.uk
elsevier.com
sci-hub.se 参考文章(11)
Johan Grasman, Asymptotic Methods for Relaxation Oscillations and Applications ,(1987)
Balth. van der Pol, LXXXVIII. On “relaxation-oscillations” Philosophical Magazine Series 1. ,vol. 2, pp. 978- 992 ,(1926) , 10.1080/14786442608564127
Günter Gabisch, Hans-Walter Lorenz, Business Cycle Theory: A Survey of Methods and Concepts ,(1987)
Crispin W. Gardiner, Handbook of Stochastic Methods: For Physics, Chemistry and the Natural Sciences ,(1983)
W. W. Chang, D. J. Smyth, The Existence and Persistence of Cycles in a Non-linear Model: Kaldor's 1940 Model Re-examined The Review of Economic Studies. ,vol. 38, pp. 37- 44 ,(1971) , 10.2307/2296620
Mark I. Freidlin, Alexander D. Wentzell, Random Perturbations of Dynamical Systems ,(1998)
Hans-Walter Lorenz, Strange attractors in a multisector business cycle model Journal of Economic Behavior & Organization. ,vol. 8, pp. 397- 411 ,(1987) , 10.1016/0167-2681(87)90052-7
Barteld Braaksma, Johan Grasman, Critical dynamics of the Bonhoeffer–van der Pol equation and its chaotic response to periodic stimulation Physica D: Nonlinear Phenomena. ,vol. 68, pp. 265- 280 ,(1993) , 10.1016/0167-2789(93)90084-E
HAL R. VARIAN, CATASTROPHE THEORY AND THE BUSINESS CYCLE Economic Inquiry. ,vol. 17, pp. 14- 28 ,(1979) , 10.1111/J.1465-7295.1979.TB00293.X
H. E. De Swart, J. Granman, Effect of stochastic perturbations on a low-order spectral model of the atmospheric circulation Tellus A. ,vol. 39, pp. 10- 24 ,(1987) , 10.3402/TELLUSA.V39I1.11735