A non-linear restatement of Kalecki's business cycle model with non-constant capital depreciation

DOI10.1007/S40314-024-02807-2MaRDI QIDQ6569079FDOQ6569079

Authors Luigi De Cesare, Mario Sportelli

Publication date 8 July 2024

Published in Computational and Applied Mathematics (Search for Journal in Brave)

zbMATH Keywords

Hopf bifurcationstability analysisKalecki's business cycleVolterra delayed integro-differential equation

Mathematics Subject Classification ID

Economic dynamics (91B55) Integral equations (45-XX)

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Cites work

• A discrete mathematical model for chaotic dynamics in economics: Kaldor's model on business cycle
• A macrodynamic theory of business cycles.
• A non-linear approach to Kalecki's investment cycle
• Business cycle theory. A survey of methods and concepts.
• Delay differential equations: with applications in population dynamics
• Explicit investment rules with time-to-build and uncertainty
• Introduction to functional differential equations
• Reviving Kalecki's business cycle model in a growth context
• Stability and direction of Hopf bifurcations of a cyclical growth model with two-time delays and one-delay dependent coefficients
• Stability switches and Hopf bifurcation in a Kaleckian model of business cycle
• The KaldorKalecki Model of Business Cycle as a Two-Dimensional Dynamical System
• The stability problem in the Kaldor--Kalecki business cycle model
• Time to Build and Aggregate Fluctuations
• Time to build in dynamics of economic models. II: Models of economic growth
• Time-to-build and capacity choice
• Time-to-build and cycles
• Time-to-build in dynamics of economic models. I: Kalecki's model

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