The KaldorsKalecki Model of Business Cycle as a Two-Dimensional Dynamical System

作者: Marek SZYDLOWSKI , Adam KRAWIEC

DOI: 10.2991/JNMP.2001.8.SUPPLEMENT.46

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摘要: In the paper we analyze Kaldor–Kalecki model of business cycle. The time delay is introduced to capital accumulation equation according Kalecki’s idea in investment processes. dynamics this represented terms differential system. special case small time-to-build parameter general reduced two-dimensional autonomous dynamical This system examined details by methods qualitative analysis equations. It shown that there a Hopf bifurcation leading limit Additionally stability solution discussed.

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