Two codimension-two bifurcations of a second-order difference equation from macroeconomics (Q1671102)
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scientific article; zbMATH DE number 6932798
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| English | Two codimension-two bifurcations of a second-order difference equation from macroeconomics |
scientific article; zbMATH DE number 6932798 |
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Two codimension-two bifurcations of a second-order difference equation from macroeconomics (English)
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6 September 2018
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The authors investigate a second-order difference equation coming from macroeconomics. They apply the center manifold theorem and the normal form analysis, thus providing the parameter conditions for the occurence of a generalized flip bifurcation, a Neimark-Sacker bifurcation and a Chenciner bifurcation.
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difference equation
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generalized flip bifurcation
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resonance
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Neimark-Sacker bifurcation
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Chenciner bifurcation
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invariant circle
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0.9239889979362488
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0.906255543231964
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0.8075690269470215
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0.8051483631134033
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0.7718656659126282
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