Stability, instability and complex behavior in macrodynamic models with policy lag

DOI10.1155/S1026022600000583zbMath0980.34070MaRDI QIDQ5934138

Toichiro Asada, Hiroyuki Yoshida

Publication date: 22 February 2002

Published in: Discrete Dynamics in Nature and Society (Search for Journal in Brave)

Full work available at URL: https://eudml.org/doc/121604

zbMATH Keywords

dynamic stabilityHopf bifurcationcomplex behaviormacrodynamic modelsmixed difference and differential equationspolicy lag

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Stability theory of functional-differential equations (34K20) Control problems involving ordinary differential equations (34H05) Control problems for functional-differential equations (34K35) Bifurcations of limit cycles and periodic orbits in dynamical systems (37G15) Dynamical systems in optimization and economics (37N40) Bifurcation theory of functional-differential equations (34K18)

Related Items (12)

A dynamic IS-LM model with two time delays in the public sector ⋮ Periodic, Quasi-Periodic and Phase-Locked Oscillations and Stability in the Fiscal Dynamical Model with Tax Collection and Decision-Making Delays ⋮ Two Time Lags in the Public Sector: Macroeconomic Stability and Complex Behaviors ⋮ Complicated Dynamics of a Delayed Photonic Reservoir Computing System ⋮ Time elements and oscillatory fluctuations in the Keynesian macroeconomic system ⋮ Disequilibrium dynamics in a Keynesian model with time delays ⋮ Delayed tax revenues in a class-struggle model of growth cycle ⋮ DESTABILIZING EFFECTS ON INCOME ADJUSTMENT PROCESS WITH FISCAL POLICY LAGS ⋮ Dynamic analysis of two policy lags in a Kaldorian model ⋮ Hopf bifurcation and chaos in macroeconomic models with policy lag ⋮ Fiscal policy delays and the classical growth cycle ⋮ On nonoscillation of mixed advanced-delay differential equations with positive and negative coefficients

This page was built for publication: Stability, instability and complex behavior in macrodynamic models with policy lag