Artículos de revistas
Periodicity in a delayed version of the kaldor trade cycle model
Fecha
2013-06-14Registro en:
Dynamics of Continuous, Discrete and Impulsive Systems Series A: Mathematical Analysis, v. 20, n. 3, p. 385-405, 2013.
1201-3390
2-s2.0-84878793419
8019260752597126
Autor
Universidade de São Paulo (USP)
Universidade Estadual Paulista (Unesp)
Universidade Federal de São Carlos (UFSCar)
Institución
Resumen
We are concerned with the Kaldor's trade cycle model under the effect of a delay which represents a gestation lag between a decision of investment and its effect on the capital stock. Taking the adjustment coefficient in the goods market as a bifurcation parameter, we achieve global branches of periodic solutions. In our setting the delay is a constant inherent to the specific economy. Copyright © 2013 Watam Press.