Bifurcation in perturbation analysis: Calvo pricing examples

DOI10.1007/S10614-010-9251-XMaRDI QIDQ630098zbMATH OpenOpenAlexFDO

Authors Jinill Kim, Andrew T. Levin, Tack Yun

Publication date 17 March 2011

Published in Computational Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10614-010-9251-x

zbMATH Keywords

bifurcationperturbationrelative price dispersionrelative price distortion

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) General equilibrium theory (91B50) Economic dynamics (91B55)

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Cites work

• scientific article; zbMATH DE number 1241609 (Why is no real title available?)
• Asymptotic methods for asset market equilibrium analysis
• Linear-quadratic approximation, external habit and targeting rules
• Optimal Interest-Rate Smoothing
• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth

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