Analytical expressions of periodic disequilibrium fluctuations generated by Hopf bifurcations in economic dynamics

DOI10.1016/J.AMC.2011.12.063MaRDI QIDQ434664zbMATH OpenOpenAlexFDO

Authors Toichiro Asada, Vassilis Kalantonis, M. Markakis, Panagiotis Markellos

Publication date 16 July 2012

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2011.12.063

zbMATH Keywords

stabilityHopf bifurcationscyclesanalytical expressionsmacrodynamics

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Economic growth models (91B62)

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Cites work

• scientific article; zbMATH DE number 3711822 (Why is no real title available?)
• scientific article; zbMATH DE number 789394 (Why is no real title available?)
• scientific article; zbMATH DE number 1432927 (Why is no real title available?)
• Coexistence of Attractors and Homoclinic Loops in a Kaldor-Like Business Cycle Model
• Elements of applied bifurcation theory
• Kaldorian dynamics in an open economy
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• Numerical exploration of Kaldorian macrodynamics: Enhanced stability and predominance of period doubling and chaos with flexible exchange rates
• Numerical exploration of Kaldorian macrodynamics: Hopf-Neimark bifurcations and business cycles with fixed exchange rates
• On the analysis of Hopf bifurcations

Cited in

(12)

• Coupled flare attractors -- a discrete prototype for economic modelling
• On dynamics of a three-country Kaldorian model of business cycles with fixed exchange rates
• Existence of periodic solutions for Kaldorian business fluctuations
• Stability and Hopf bifurcation analysis on a nonlinear business cycle model
• On the existence and stability of business cycles in a dynamic model of a closed economy
• Remarks on the economic interpretation of Hopf bifurcations
• scientific article; zbMATH DE number 6285519 (Why is no real title available?)
• scientific article; zbMATH DE number 6118710 (Why is no real title available?)
• A three-country Kaldorian business cycle model with fixed exchange rates: a continuous time analysis
• An efficient center manifold technique for Hopf bifurcation of \(n\)-dimensional multi-parameter systems
• Deficits and cycles
• On the computation of degenerate Hopf bifurcations for \(n\)-dimensional multiparameter vector fields

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