On the existence of tori in Asada's two-regional model

DOI10.1016/J.NONRWA.2011.08.011zbMATH Open1238.91097OpenAlexW2040136458MaRDI QIDQ420104FDOQ420104

Authors: Peter Maličký, Rudolf Zimka 

Publication date: 20 May 2012

Published in: Nonlinear Analysis. Real World Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.nonrwa.2011.08.011

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zbMATH Keywords

eigenvaluestorusequilibriumbifurcation equationdynamical modelmatrix of linear approximationnormal form of differential equations on invariant surface

Mathematics Subject Classification ID

Qualitative investigation and simulation of ordinary differential equation models (34C60) Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55)

Cites Work

• Title not available (Why is that?)
• Local theory of nonlinear analytic ordinary differential equations
• Title not available (Why is that?)
• Bifurcation of a stable invariant torus from an equilibrium
• On the existence of business cycles in Asada's two-regional model

Cited In (3)

• A three-country Kaldorian business cycle model with fixed exchange rates: a continuous time analysis
• On the bifurcation of a torus in a small open economy model
• On Dynamics of a Three-Country Kaldorian Model of Business Cycles with Fixed Exchange Rates

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