A business-cycle model connecting heterogeneous micro investment behaviors with macro dynamics

DOI10.1016/J.CNSNS.2022.106903MaRDI QIDQ2108638zbMATH OpenOpenAlexFDO

Authors Akitaka Dohtani, Jun Matsuyama

Publication date 20 December 2022

Published in Communications in Nonlinear Science and Numerical Simulation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cnsns.2022.106903

zbMATH Keywords

animal spiritsbusiness cyclesdensity and distribution functionsgeneralized Hopf bifurcationnonlinear investment functionPoincaré-Bendixson theorem

Mathematics Subject Classification ID

Topological structure of integral curves, singular points, limit cycles of ordinary differential equations (34C05) Bifurcation theory for ordinary differential equations (34C23) Qualitative investigation and simulation of ordinary differential equation models (34C60) Asymptotic properties of solutions to ordinary differential equations (34D05) Stability of solutions to ordinary differential equations (34D20) Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Microfounded Animal Spirits in the New Macroeconomic Consensus
• Real business cycles and the animal spirits hypothesis
• Animal spirits and credit cycles
• Animal spirits and the business cycle: empirical evidence from moment matching
• On dynamics in a two-sector Keynesian model of business cycles

Cites work

• Business cycle theory. A survey of methods and concepts.
• scientific article; zbMATH DE number 6529792 (Why is no real title available?)
• scientific article; zbMATH DE number 3181355 (Why is no real title available?)
• scientific article; zbMATH DE number 3574390 (Why is no real title available?)
• scientific article; zbMATH DE number 1792281 (Why is no real title available?)
• scientific article; zbMATH DE number 194875 (Why is no real title available?)
• scientific article; zbMATH DE number 944076 (Why is no real title available?)
• scientific article; zbMATH DE number 789394 (Why is no real title available?)
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• Numerical Methods for the Generalized Hopf Bifurcation
• Stability, Instability and Chaos
• The Existence and Persistence of Cycles in a Non-linear Model: Kaldor's 1940 Model Re-examined
• The General Theory of Employment, Interest, and Money

Cited in

(1)

• Microfounded Animal Spirits in the New Macroeconomic Consensus

This page was built for publication: A business-cycle model connecting heterogeneous micro investment behaviors with macro dynamics

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2108638)