Multiple equilibria and endogenous cycles in a non-linear Harrodian growth model

DOI10.1142/9789814299725_0008MaRDI QIDQ4909962zbMATH OpenOpenAlexFDO

Authors Pasquale Commendatore, Elisabetta Michetti, Antonio Pinto

Publication date 22 March 2013

Published in Chaotic Systems (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1142/9789814299725_0008

zbMATH Keywords

chaosmultiple equilibriaeconomic growthcapacity utilisationHarrodian instability puzzle

Mathematics Subject Classification ID

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

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Cited in

(9)

• Endogenous cycles with small discounting in multisector optimal growth models: Continuous-time case
• Endogenous cycles in discrete symmetric multisector optimal growth models
• On the emergence of competitive equilibrium growth cycles
• Hicks' trade cycle revisited: cycles and bifurcations.
• Dynamic complexity in a Keynesian growth-cycle model involving Harrod's instability
• Multiple equilibria and thresholds due to relative investment costs
• Harrodian and neoclassical paths in a constrained growth model
• Aggregate demand, Harrod's instability and fluctuations
• Saddle-point dynamics in non-autonomous models of multisector growth with variable returns to scale

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