Complex behaviour in a piecewise linear dynamic macroeconomic model with endogenous discontinuity

DOI10.1080/10236198.2011.601301MaRDI QIDQ4899082zbMATH OpenOpenAlexWikidataFDO

Authors T. Asano, Takuma Kunieda, Akihisa Shibata

Publication date 4 January 2013

Published in Journal of Difference Equations and Applications (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/10236198.2011.601301

zbMATH Keywords

credit cyclesmacroeconomic dynamicsendogenous technology choicenon periodic fluctuation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamical systems in optimization and economics (37N40) Attractors and repellers of smooth dynamical systems and their topological structure (37C70)

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Cites work

• scientific article; zbMATH DE number 1245559 (Why is no real title available?)
• scientific article; zbMATH DE number 1963551 (Why is no real title available?)
• Algorithmic analysis of irrational rotations in a single neuron model
• Differential savings, factor shares, and endogenous growth cycles
• Dualism and Macroeconomic Volatility
• Environmental tax policy in a model of growth cycles
• Growing Through Cycles
• Human capital and growth cycles
• Nonlinear Dynamics and Chaos in Optimal Growth: An Example
• On a response characteristic of a mathematical neuron model
• Period Three Implies Chaos
• Theory of hybrid dynamical systems and its applications to biological and medical systems
• Towards the interpretation of Hudson's experiment on the Belousov-Zhabotinsky reaction -- chaos due to delocalization.

Cited in

(10)

• Middle-income traps and complexity in economic development
• A simple model of growth cycles with technology choice
• Stochastic sensitivity of attractors for a piecewise smooth neuron model
• Multiple attractors and business fluctuations in a nonlinear macro-model with equity rationing
• Hick Samuelson Keynes dynamic economic model with discrete time and consumer sentiment
• Endogenous cycles in discontinuous growth models
• Dynamics of a discontinuous discrete Beverton–Holt model
• Chaotic dynamics of a piecewise linear model of credit cycles
• Technology choice, externalities in production, and a chaotic middle-income trap
• A piecewise linear model of credit traps and credit cycles: a complete characterization

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