Goodwin's business cycle model and synchronization of oscillations of two interacting economies

DOI10.47475/2500-0101-2021-16201zbMATH Open1471.91304OpenAlexW3173818818MaRDI QIDQ5153883FDOQ5153883

Authors: O. V. Baeva, D. A. Kulikov 

Publication date: 1 October 2021

Published in: Челябинский физико-математический журнал (Search for Journal in Brave)

Full work available at URL: http://mathnet.ru/eng/chfmj231

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zbMATH Keywords

stabilitybifurcationnormal formasymptotic formulaGoodwin's modelsynchronous and antiphase regimes

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• The Hopf bifurcation and its applications. With contributions by P. Chernoff, G. Childs, S. Chow, J. R. Dorroh, J. Guckenheimer, L. Howard, N. Kopell, O. Lanford, J. Mallet-Paret, G. Oster, O. Ruiz, S. Schecter, D. Schmidt, and S. Smale
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• Invariant tori of a class of point transformations: Preservation of an invariant torus under perturbations
• Self-similar cycles and their local bifurcations in the problem of two weakly coupled oscillators
• The Nonlinear Accelerator and the Persistence of Business Cycles
• Goodwin's nonlinear accelerator and chaotic motion
• Synergetic economics. Time and change in nonlinear economics
• Confidence domains in the analysis of noise-induced transition to chaos for Goodwin model of business cycles
• Automodel periodic solutions and bifurcations from them in the problem of interaction of two coupled oscillators

Cited In (6)

• The Goodwin cycle improved with generalized wages: phase portrait, periodic behaviour
• U. S. and Canadian industrial production indices as coupled oscillators
• Title not available (Why is that?)
• Economic intermittency in a two-country model of business cycles coupled by investment
• Title not available (Why is that?)
• Analysis of types of oscillations in Goodwin's model of business cycle

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