Resolution of chaos with application to a modified Samuelson model

DOI10.1016/0165-1889(90)90002-XzbMATH Open0716.90008OpenAlexW1971720848MaRDI QIDQ753629FDOQ753629

Authors: Helena E. Nusse, Cars Hommes 

Publication date: 1990

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(90)90002-x

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zbMATH Keywords

bifurcationchaotic dynamicscomplicated dynamical behaviordiscrete nonlinear growth modelsmodified Samuelson modelnonlinear multiplier-accelerator model

Mathematics Subject Classification ID

Additive difference equations (39A10) Economic growth models (91B62)

Cites Work

• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• Sensitive dependence to initial conditions for one dimensional maps
• On Endogenous Competitive Business Cycles
• Period Three Implies Chaos
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• On the abundance of aperiodic behaviour for maps on the unit interval
• Absolutely continuous measures for certain maps of an interval
• No Division Implies Chaos
• Stabilizing competitive business cycles
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• Rational Choice and Erratic Behaviour
• Discrete Dynamical Systems in Dimensions One and Two
• Stable, cyclic and chaotic growth: The dynamics of a discrete-time version of Goodwin's growth cycle model
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• Qualitative analysis of the dynamics and stability properties for axiom A maps
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• Asymptotically Periodic Behaviour in the Dynamics of Chaotic Mappings
• Periodic points and chaos for expanding maps of the interval
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Cited In (7)

• Local and global dynamics of Ramsey model: from continuous to discrete time
• A dynamically consistent discretization method for Goodwin model
• Cycles and chaos in a socialist economy
• Chaos in a macroeconomic model
• Complex dynamics in a nonlinear cobweb model for real estate market
• A feedback policy for a modified Samuelson–Hicks model
• Surprising dynamics from a simple model

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