The Hopf bifurcation in the Kaldor-Kalecki model

被引:0
|
作者
Szydlowski, M [1 ]
Krawiec, A [1 ]
机构
[1] Jagiellonian Univ, Astron Observ, PL-30244 Krakow, Poland
关键词
business cycle; limit cycles; functional differential equations;
D O I
暂无
中图分类号
N09 [自然科学史]; B [哲学、宗教];
学科分类号
01 ; 0101 ; 010108 ; 060207 ; 060305 ; 0712 ;
摘要
By using the theory of dynamical systems and especially the theory of Hopf bifurcations the existence of limit cycles in the Kaldor-Kalecki model is discussed. This model is a modified version of the 1940 Kaldor model of business cycle with introduced the time-to-build parameter in investment function in the Kalecki way. In this paper the model is investigated in an approximation of a small lag. It is shown that such a model can be reduced to the Lienard equation which has a bifurcation value of lag parameter. From the Hopf theorem the sufficient conditions for generation of the limit cycle on the phase space are obtained. It is demonstrated how the amplitude of oscillation depends on the value of a lag parameter. Copyright (C) 1998 IFAC.
引用
收藏
页码:391 / 396
页数:6
相关论文
共 50 条
  • [1] Hopf Bifurcation Analysis in a Delayed Kaldor-Kalecki Model of Business Cycle
    Kaddar, A.
    Talibi Alaoui, H.
    NONLINEAR ANALYSIS-MODELLING AND CONTROL, 2008, 13 (04): : 439 - 449
  • [2] Local Hopf Bifurcation and Stability of Limit Cycle in a Delayed Kaldor-Kalecki Model
    Kaddar, A.
    Alaoui, H. Talibi
    NONLINEAR ANALYSIS-MODELLING AND CONTROL, 2009, 14 (03): : 333 - 343
  • [3] Zero-Hopf bifurcation analysis of a Kaldor-Kalecki model of business cycle with delay
    Wu, Xiaoqin P.
    NONLINEAR ANALYSIS-REAL WORLD APPLICATIONS, 2012, 13 (02) : 736 - 754
  • [4] Bifurcation analysis for the Kaldor-Kalecki model with two delays
    Cao Jianzhi
    Sun Hongyan
    ADVANCES IN DIFFERENCE EQUATIONS, 2019, 2019 (1)
  • [5] BIFURCATION ANALYSIS OF A KALDOR-KALECKI MODEL OF BUSINESS CYCLE WITH TIME DELAY
    Wang, Liancheng
    Wu, Xiaoqin P.
    ELECTRONIC JOURNAL OF QUALITATIVE THEORY OF DIFFERENTIAL EQUATIONS, 2009,
  • [6] The Kaldor-Kalecki business cycle model
    Krawiec, A
    Szydlowski, M
    ANNALS OF OPERATIONS RESEARCH, 1999, 89 (0) : 89 - 100
  • [7] Stability and bifurcation analysis for the Kaldor-Kalecki model with a discrete delay and a distributed delay
    Yu, Jinchen
    Peng, Mingshu
    PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 2016, 460 : 66 - 75
  • [8] The Kaldor-Kalecki stochastic model of business cycle
    Mircea, Gabriela
    Neamtu, Mihaela
    Opris, Dumitru
    NONLINEAR ANALYSIS-MODELLING AND CONTROL, 2011, 16 (02): : 191 - 205
  • [9] A modification of Kaldor-Kalecki model and its analysis
    Kodera, Jan
    Radova, Jarmila
    Quang Van Tran
    PROCEEDINGS OF 30TH INTERNATIONAL CONFERENCE MATHEMATICAL METHODS IN ECONOMICS, PTS I AND II, 2012, : 420 - +
  • [10] Neimark-Sacker bifurcation for the discrete-delay Kaldor-Kalecki model
    Dobrescu, Loretti I.
    Opris, Dumitru
    CHAOS SOLITONS & FRACTALS, 2009, 41 (05) : 2405 - 2413